18 Wellington ST W new

Sault Ste Marie,ON P6A 1H1

$ 635000

7 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

MLS Listing ID X12310431

Style 2-Storey

Bedrooms 7

Annual Tax Amount $6,504

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Incredible opportunity to own this well-maintained, all-brick 5-unit purpose-built apartment building, perfectly positioned at the base of North Street and just steps from the waterfront, scenic boardwalk, shopping plazas, and a wide range of amenities. This income-generating property features 3 spacious two-bedroom units and 2 one-bedroom units, with immediate potential for rental upside. Additional income is boosted by a coin-operated washer and dryer. A large paved parking lot offers plenty of tenant parking. Recent updates include a brand new high-efficiency gas furnace, fresh paint, updated trim, and more in several units. The basement offers a wide open layout with abundant space, ideal for additional paid tenant storage or future development opportunities.

Location

Province ON

County Algoma

Area Algoma

Rooms

Family Room No

Basement Unfinished

Kitchen 5

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Flat

Lot Frontage 106.86

Lot Depth 120.0

Total Parking Spaces 5

Building

Foundation Concrete

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