128 Second Lin W

For Sale New 2 Days
$949,500
beds
baths
4,352 Sqft

128 Second Lin W

For Sale New 2 Days
$949,500
beds
baths
4,352 Sqft

Highlights

Key insights

Description

Welcome to 128 Second Line West ($949,500), an exceptional multi-unit income property offering immediate cash flow and incredible long-term development potential. This solid six-unit building features four 2-bedroom apartments, one 1-bedroom unit, and one spacious 3-bedroom unit, providing a balanced mix of rental options to attract a variety of tenants. Situated on an impressive 475-foot deep lot, this property opens the door to future possibilities and envision constructing another 6-plex, commercial building, or mixed-use development, subject to city approval. With the 6-plex itself, the groundwork is already laid for success, with a brand-new $43,000 maintenance-free metal roof that was recently installed, ensuring peace of mind for years to come. While some updating would enhance returns and appeal, the fundamentals are rock-solid: strong structure, desirable location, and exceptional land value. Located close to grocery stores, shopping and strip malls, the Beer Store, and countless amenities, tenants enjoy unmatched convenience. This is more than a property, it's an investment in growth, flexibility, and long-term security. Don't miss your chance to add a cornerstone asset to your portfolio. Call for additional information or to book a showing. (id:63267)

Bill Montague of Century 21 Choice Realty Inc.,
#SM253131
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Amenities / Utilities
  • Heat type
    Baseboard heaters, forced air
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    2
Location
  • Community features
    Bus route
  • Subdivision
    Sault ste. marie
Overview
  • Lot size (acres)
    0.0
  • Building size
    4352
  • Listing #
    Sm253131
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29050369/128-second-lin-w-sault-ste-marie-sault-ste-marie
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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