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188 Church ST, Sault Ste. Marie

· 2750 sqft

$349,900

188 Church St a?? Turnkey 5-Plex | 13.1% Cap Rate Excellent opportunity to add a cash-flowing 5-unit investment property to your portfolio. Featuring a strong unit mix of three 1-bedroom units and two 2-bedroom units, this property offers steady rental demand and stable tenancy appeal. Efficient natural gas boiler heat helps maintain predictable operating costs, while the newer detached double garage provides additional income potential through storage or parking rentals. Generating $62,580 gross annual income with a 13.1% cap rate, this is an attractive opportunity for investors seeking strong returns and long-term performance.

General Info


MLS Listing ID: SM261200 Bedrooms: 0 Bathrooms: 0 Year Built: 1904
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Stone Roof: N/A Title To Land: N/A Parking Space Total: 0
Parking: N/A Heating: Radiant/Infra-red Heat, Boiler Size: 2750 sqft Air Conditioning : N/A
Home Style: Storage Shed Finished Floor Area: N/A Fireplaces: N/A Basement: Full
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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