635 WELLINGTON ST

Sault Ste. Marie, , P6A2M6, Canada

$415,900

Attention Investors - Good Cap Rate! Build your investment portfolio with this 5 Unit Multiplex with stable, long term tenants paying reliable rents in each unit. Units 2 & 3 rewired by Top Line Electric. Main apartments heated by Navien gas boiler. Apartment 5 is a fully self-contained unit with it's own newer gas furnace (April 2022) and tenant pays heat, includes a basement, and exclusive use fenced yard and tenant maintains grass & garden. Owner pays heat for main building only (Units 1, 2, 3 & 4). Four separate hydro meters and two gas meters. Shingles replaced on main roof in 2018. Many upgrades have been completed, approved fire doors on each unit. Seller is willing to stay on as Property Manager if agreed upon. Walking distance to shopping, laundromat, downtown plaza and parks. Don't wait, book your showing today.

Last updated on : Friday 13th of June 2025 03:55:54 PM

ADDRESS

Street : 635 WELLINGTON ST

City : Sault Ste. Marie

Country : Canada

Postal Code : P6A2M6

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PROPERTY SUMMARY

Property ID : SM250503

Building Type : Multi-Family

Property Type : Multi-family

Parking Type: Gravel

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