188 Church St Sault Ste. Marie, Ontario P6A 3H5
$415,000
188 Church St – 5-Plex | Strong 11.7% Cap Rate Turnkey 5-unit investment property featuring three 1-bed units and two 2-bed units in a high-demand rental area. Efficient natural gas boiler keeps operating costs predictable. A newer detached double garage adds extra revenue potential through parking or storage rentals. A solid, cash-flowing investment offering a strong 11.7% cap rate and reliable tenant appeal. (id:63476)
Property Details
| MLS® Number | SM253301 |
| Property Type | Multi-family |
| Community Name | Sault Ste. Marie |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
| Storage Type | Storage Shed |
Building
| Basement Type | Full |
| Constructed Date | 1904 |
| Exterior Finish | Brick, Steel |
| Foundation Type | Stone |
| Heating Type | Boiler, Radiant/infra-red Heat |
| Stories Total | 2 |
| Size Interior | 2,750 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Gravel |
Land
| Access Type | Road Access |
| Acreage | No |
| Fence Type | Fenced Yard |
| Sewer | Municipal Sewage System |
| Size Frontage | 70.0000 |
| Size Total Text | Under 1/2 Acre |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
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March 03 2026 12:40:20
Sault Ste. Marie Real Estate Board
Century 21 Choice Realty Inc.