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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