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$785,000
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183 Albert St E, Sault Ste. Marie, ON

Real Estate

For Sale

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330
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential
Size 2822 sqft
Garage Yes
Maintenance Fees 
Taxes $3,461
Days Active 18
Approx. Age 
Avg. Price Per Sqft $278
MLS® Number SM251315

Property Address: 

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

Description

A rare investment opportunity in the heart of downtown Sault Ste. Marie. This income-generating 4-unit property offers a diverse mix of long-term, mid-term, and short-term rental strategies—perfect for experienced investors or business owners looking to scale a real estate portfolio with strong returns. Located just steps from the Station Mall, transit terminal, and all downtown amenities, this property features 4 dedicated parking spaces, efficient boiler heating, and an unfinished basement with untapped potential for added value. Property Overview: Unit 1 – 2 Bed / 1 Bath: Well-maintained and currently rented to a long-term tenant. Spacious layout with a large bathroom and dependable monthly income. Unit 2 – 1 Bed / 1 Bath: Recently renovated and utilized as a mid-term rental. Ideal for traveling professionals and tenants seeking flexibility. Unit 3 – 2 Bed / 1 Bath: Renovated and updated, offering stable income and modern living space. Unit 4 – 1 Bed / 1 Bath: A fully renovated legal Airbnb that delivers consistent short-term rental revenue. Modern finishes and excellent guest reviews. With strong cash flow and a low operating budget, this property is a plug-and-play asset for investors who understand the power of hybrid rental models. Whether you're focused on scaling short-term rentals, diversifying income streams, or maximizing ROI, this 4-plex delivers. Strategic location. Reliable income. Built-in upside. Book your showing today! (id:58753)Show Description
MLS® NumberSM251315
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

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

Utilities

HeatBoiler, Natural gas
A/C
Heating Fuel

Extras

Rooms

Show Details
Laundry:Basement5.09 × 6.59 ft
Bedroom 1:Second8.34 × 14.67 ft
Bathroom 3:Second9.42 × 6.67 ft
Kitchen:Main12.25 × 15 ft
Bathroom 2:Basement4.17 × 8.25 ft
Bathroom 1:Second9.34 × 6.59 ft
Living Room:Second11.5 × 14.09 ft

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