324 Korah Rd, Sault Ste Marie

Heating: Baseboard heaters
Structure Type: Multi-Family
Exterior Features: Brick

Living area: 2400 square feet
Added: 1 month ago
Updated: 4 hours ago
Last Checked: 14 minutes ago
Listed by: Century 21 Choice Realty Inc.
View All Photos

Listing description
This Other at 324 Korah Rd Sault Ste Marie, ON with the MLS Number sm252089 listed by Carlo Gervasi - Century 21 Choice Realty Inc. on the Sault Ste Marie market 1 month ago at $649,900.

Here’s the value-add investment opportunity you’ve been waiting for. This solid, purpose-built brick 4-plex is located in a desirable west end neighbourhood close to Market Mall, public transit, and all amenities. The building features four self-contained units, including three spacious 2-bedroom units and one spacious 3-bedroom unit. Each unit is separately metered with five hydro meters in the building, allowing tenants to pay their own power and keeping your operating costs down. Additional income potential comes from the on-site coin laundry, and each unit benefits from individual storage. Most of the units have already been updated with new flooring, doors, trim, and paint. The building offers secure front and rear entrances and ample parking for tenants. What truly sets this property apart is that three of the four units are currently vacant, giving you a rare chance to set your own rents at current market value from day one. Whether you’re a seasoned investor looking to expand your portfolio, or a new buyer seeking a strong income-generating asset with upside, this property offers the flexibility, location, and potential to deliver solid returns. Don’t miss out on this rare opportunity in a tight rental market. (id:1945)

Property Details Key information about 324 Korah Rd