CAONSault Ste. MarieEastside859 Trunk Rd
859 Trunk Rd, Home with 0 bedrooms, 0 bathrooms and null parking in Sault Ste. Marie ON | Image 1
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$1,155,000

859 Trunk Rd, Sault Ste. Marie, ON

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Investment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $18,285
Days Active 25
Approx. Age 
MLS® Number X12165368

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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......Show Description
MLS® NumberX12165368
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/CPartial
Heating Fuel

Extras

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