Kimberly Stoller - Coldwell Banker Momentum Logo
$1,155,000
( $62.98Per Sq Foot )
 $6,200 est/mo Sourced by Back At You

859 Trunk Road,Sault Ste Marie, ON P6A 3T3

Sault Ste Marie, ON P6A 3T3

Share:

Email
By Text

Description

Northern part of Sault Saint Marie on a major thoroughfare. 17 rental apartment suites - 16 bachelors and 1 one bed. Large site with ample surface parking. Fully occupied with rental upside. Many suites have been updated in the past 2 years. Solid wood frame construction and great curb appeal. Low maintenance building with no common areas, elevator or underground parking. Great first time investor purchase. Management in place to assume if needed. Asking a 7% cap rate or $67,000 per unit - way below replacement costs. ROI is over 16% on asking price. CASH FLOW......

Details

MLS#X12165368
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site21
Listing Provided ByCOMMERCIAL FOCUS REALTY INC. | X12165368 038500

Features

SQ Feet18,338
Acreage0.42

Interior

CoolingPartial

Exterior

Community FeaturesMajor Highway, Public Transit

Request a showing

Request a showing

Loading Form
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

Contact

Learn More About This Property

Kimberly Stoller

Kimberly Stoller

Momentum Realty

 (905) 923-6173
ProvinceON
RegionAlgoma
CitySault Ste Marie
Postal CodeP6A 3T3
Listing VS Median (in P6A 3T3)
Price:
$1,155,000
low | high
Med:
$1,155,000
50% of Average
SqFt:
18,338
low | high
Med:
18,338
50% of Average
$ / SqFt:
$63
low | high
Med:
$63
50% of Average
On site:
21
low | high
Med:
21.000000
100% of Average
Sourced by Back At You
Listing Updated: May 24, 2025 at 12:09:49 PM PDT

Kimberly Stoller - Coldwell Banker Momentum