167-173 Gore Street, Sault Ste Marie, ON P6A 1M3

A prime investment opportunity, this well-maintained building offers close to 9,000 sq. ft. of rentablespace. The main floor, currently vacant and zoned commercial, awaits your vision. The second floorfeatures 9 residential 1 bedroom apartments, each generating $1,180/month in rent plus heat andelectric. With a current monthly income of $10,620, the property is occupied by quality tenants,fostering a safe and secure community. Recently rebuilt with engineering and city permits, encapsulatingmasonry, windows, framing, electrical, plumbing, fire-rated drywall, and insulation. The building alsofeatures separate meters and minimal maintenance. This property offers security in a highly attractivecap rate alongside robust cash flow. Priced to sell.

Details

MLS® Number
X9233426

Property Size
9000 Sqft