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32 Wallace Terr, Sault Ste. Marie, ON

Name: 32 Wallace Terr, For Sale in Sault Ste. Marie - eXp Realty
Brand: Exit Realty True North
SKU: SM262650
Price: 209900 CAD

House

For Sale

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MLS® SM262650

Property Details
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Description

Excellent investment opportunity at 32 Wallace Terrace! This fully tenanted duplex offers an impressive 11.47% cap rate, with additional income potential through the creation of a third unit. Legally zoned for a triplex, the property currently features one two-bedroom unit and one one-bedroom unit, while the upper level is ready to be renovated into an additional unit. Most of the materials required to complete the renovation are included with the sale. Tenants pay their own PUC utilities, helping to keep operating costs low. Additional highlights include a durable metal roof and a garage offering valuable storage space. A fantastic opportunity for investors looking for immediate rental income with room to grow! (id:58753)Show Description

Key Facts

Type Multi Family

Levels Residential Income

Size 1100 sqft

Taxes $2,552

Days Active 1

Approx. Age 1930

Avg. Price Per Sqft $190

MLS® Number SM262650

Central VacNo

FireplaceNo

Approx. Age1930

BasementFull

DrivewayConcrete

HeatForced air

Additional Information

Siding Aluminum Siding

Sewage System Public Sewer

Price History

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$XXX,XXXSold Price

Top Secret

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