23 Herrick St, Sault Ste Marie

23 Herrick St, Sault Ste Marie, ON P6A2T7 Photo 1

31 Photos

23 Herrick St, Sault Ste Marie, ON P6A2T7 Photo 2
23 Herrick St, Sault Ste Marie, ON P6A2T7 Photo 3
23 Herrick St, Sault Ste Marie, ON P6A2T7 Photo 4
23 Herrick St, Sault Ste Marie, ON P6A2T7 Photo 5
23 Herrick St, Sault Ste Marie, ON P6A2T7 Photo 6
23 Herrick St, Sault Ste Marie, ON P6A2T7 Photo 7
  • Living area: 1500 sqft
  • MLS®: sm240419
  • Type: Townhouse
  • Added: 67 days ago

Property Details

Charming Duplex Investment Opportunity Welcome to this fantastic investment opportunity in a prime location! This duplex offers two separate units, each with its own unique charm and character. With one spacious 2-bedroom unit and a cozy 1-bedroom unit, both separately metered, this property is a gem for savvy investors. **Property Features:** - **Income Potential:** This duplex is a cash flow generator, bringing in an impressive $30,000 in gross annual income. It's a lucrative opportunity for any real estate investor. - **Solid Construction:** The building features full brick construction, ensuring durability and low maintenance for years to come. Your investment is built to last. - **Updated Flooring:** Enjoy modern living with all-new flooring throughout the property. The interior is not only attractive but also easy to maintain. - **Efficient Heating:** A gas boiler radiator heating system keeps your tenants warm and comfortable during the colder months. It's an energy-efficient feature that adds value. - **Stable Tenants:** Excellent tenants are already in place, making this a turnkey investment. You'll benefit from a consistent stream of income from day one. This duplex is not just a property; it's a smart investment with a proven track record. Don't miss out on this opportunity to add a reliable income stream to your portfolio. Contact today to schedule a viewing and make this duplex your next successful investment venture. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Heating: Boiler
  • List AOR: Sault Ste. Marie
  • Stories: 2
  • Basement: Full
  • Utilities: Natural Gas, Electricity, Cable, Telephone
  • Year Built: 1900
  • Living Area: 1500
  • Photos Count: 31
  • Water Source: Municipal water
  • Parcel Number: 315410087
  • Structure Type: Duplex
  • Parking Features: Gravel
  • Tax Annual Amount: 2249
  • Exterior Features: Brick
  • Community Features: Bus Route
  • Foundation Details: Stone
  • Lot Size Dimensions: 34x111.85
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Nearby Places

Name Type Address Distance
Precious Blood Cathedral The cathedral is located in Sault Ste... 0.2 km
Algoma Fall Festival Marie, Ontario, Canada... 0.3 km
Algoma District School Board School 644 Albert St E 0.3 km
Canadian Bushplane Heritage Centre Store 50 Pim St 0.3 km
Canadian Bushplane Heritage Centre Marys River in Sault Ste... 0.3 km
Sault Ste. Marie Museum Museum 690 Queen St E 0.3 km
Algoma District School Board 2 prior to 1999) is a public school board in the C... 0.3 km
Sault Ste. Marie Water Aerodrome Marie Water Aerodrome, (TC LID: CPX8), is located ... 0.4 km
Gouin Street Arena Marie's premier sports complex from 1949-2006... 0.4 km
Diocese of Algoma It comprises nearly 182,000 square kilometres of t... 0.4 km
Art Gallery of Algoma Marys River in Sault Ste... 0.6 km
Art Gallery of Algoma Store 10 East St 0.6 km
Similar Townhouses Stat in Sault Ste Marie
We have found 6 Townhomes that closely match the specifications of the property located at 23 Herrick St with distances ranging from 2 to 5 kilometers away. The prices for these similar properties vary between 229,900 and 399,999, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the P6A2T7 postal code area of Sault Ste Marie Ontario Canada.
23 Herrick St mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 23 Herrick St. The current price of the property is $289,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $231,920. This would result in a monthly mortgage payment of $1,356 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 40
Certificate of Qualification 20
College 95
University degree at bachelor level or above 55

Neighbourhood Marital Status Stat

Married 85
Widowed 50
Divorced 45
Separated 25
Never married 185
Living common law 45
Married or living common law 130
Not married and not living common law 305

Neighbourhood Construction Date

1961 to 1980 65
1981 to 1990 40
1991 to 2000 10
2006 to 2010 10
1960 or before 195
Comparison of 23 Herrick St, Sault Ste Marie, ON with Nearby Townhouses
Nearby Cities Listings Avg. price
Elliot Lake 79 $273.070
Greater Sudbury 67 $808.845
Sudbury 129 $684.553
Northern Bruce Peninsula 112 $616.303
Timmins 180 $340.238
South Bruce Peninsula 73 $760.550
Sauble Beach 52 $715.433
Saugeen Shores 63 $785.344
Popular Cities Listings Avg. price
Wasaga Beach 359 $860.761
Barrie 980 $1.027.891
Innisfil 340 $1.448.487
Waterloo 455 $852.952
Kitchener 769 $957.153
Guelph 417 $932.768
Caledon 309 $2.393.762
London 1905 $921.288
372 Queen St E, Sault Ste Marie 350 Pim St, Sault Ste Marie 200 Upton Rd, Sault Ste Marie 369 Wellington St E, Sault Ste Marie 370 Wellington St E, Sault Ste Marie 12 Labelle Ave, Sault Ste Marie 194 Upton Rd, Sault Ste Marie 1139 Queen St E 401, Sault Ste Marie