Listed by Re/Max Realtron Realty Inc..

167-173 Gore Street is a Multiplex, 2-Storey and is currently for Sale @ $899,900. Taxes in 2024 were $17,000.00.

More homes for sale under 900k in Sault Ste Marie

A prime investment opportunity, this well-maintained building offers close to 9,000 sq. The 2-Storey on 167-173 Gore Street has 9 bedrooms, 9 bathrooms, and is located on a 136.00 x 64.00 ft lot in the community of . ft. of rentable space. The main floor, currently vacant and zoned commercial, awaits your vision. The second floor features 9 residential 1 bedroom apartments, each generating $1,180/month in rent plus heat and electric. 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, encapsulating masonry, windows, framing, electrical, plumbing, fire-rated drywall, and insulation. The building also features separate meters and minimal maintenance. This property offers security in a highly attractive cap rate alongside robust cash flow. Priced to sell.

5 HOT WATER TANKS, 9 FRIDGES, 9 STOVES, TWO WASHER/TWO DRYER,

The address 167-173 Gore Street was listed for sale (MLS# X9233421) on Tuesday, July 30, 2024.