ON
Sault Ste. Marie
P6C4H1
324 Korah RD Rd
324 Korah RD Rd, Sault Ste. Marie, ON P6C4H1
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Listing Type
Multi Family
Listing Status
active
38
$649,900

Home Details for 324 Korah RD Rd

Price
$649,900
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1979
Parking
Days on site
56
Listing #
SM252089
Property Description

Here’s the value-add investment opportunity you’ve been waiting for. This solid, purpose-built brick 4-plex is located in a desirable west end neighbourhood close to Market Mall, public transit, and all amenities. The building features four self-contained units, including three spacious 2-bedroom units and one spacious 3-bedroom unit. Each unit is separately metered with five hydro meters in the building, allowing tenants to pay their own power and keeping your operating costs down. Additional income potential comes from the on-site coin laundry, and each unit benefits from individual storage. Most of the units have already been updated with new flooring, doors, trim, and paint. The building offers secure front and rear entrances and ample parking for tenants. What truly sets this property apart is that three of the four units are currently vacant, giving you a rare chance to set your own rents at current market value from day one. Whether you’re a seasoned investor looking to expand your portfolio, or a new buyer seeking a strong income-generating asset with upside, this property offers the flexibility, location, and potential to deliver solid returns. Don’t miss out on this rare opportunity in a tight rental market. (id:31684)

Property Features
  • Heating Information
    • Baseboard
Listing Courtesy: Century 21 Choice Realty Inc.
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EXIT REALTY TRUE NORTH, BROKERAGE
207 Northern Avenue Suite 1, Sault Ste. Marie, ON P6B 4H9
Office
705 942 6500
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