188 Church St Sault Ste. Marie, Ontario P6A 3H5
$369,900
188 Church St – Turnkey 5-Plex | 13.1% Cap Rate Excellent opportunity to add a cash-flowing 5-unit investment property to your portfolio. Featuring a strong unit mix of three 1-bedroom units and two 2-bedroom units, this property offers steady rental demand and stable tenancy appeal. Efficient natural gas boiler heat helps maintain predictable operating costs, while the newer detached double garage provides additional income potential through storage or parking rentals. Generating $62,580 gross annual income with a 13.1% cap rate, this is an attractive opportunity for investors seeking strong returns and long-term performance. (id:61445)
Property Details
| MLS® Number | SM261200 |
| Property Type | Multi-family |
| Community Name | Sault Ste. Marie |
| CommunicationType | High Speed Internet |
| CommunityFeatures | Bus Route |
| StorageType | Storage Shed |
Building
| BasementType | Full |
| ConstructedDate | 1904 |
| ExteriorFinish | Brick, Steel |
| FoundationType | Stone |
| HeatingType | Radiant/infra-red Heat, Boiler |
| StoriesTotal | 2 |
| SizeInterior | 2750 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Gravel |
Land
| AccessType | Road Access |
| Acreage | No |
| FenceType | Fenced Yard |
| Sewer | Municipal Sewage System |
| SizeFrontage | 70.0000 |
| SizeTotalText | Under 1/2 Acre |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29813491/188-church-st-sault-ste-marie-sault-ste-marie
Interested?
Contact us for more information
Ryan Dodd
Broker
121 Brock St.
Sault Ste. Marie, Ontario P6A 3B6
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June 03 2026 01:50:04
Century 21 Choice Realty Inc.