- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- SM240313
- Year Built:
- 1905
- Photos (35)
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Great Investment property with opportunity to gross over $4000 monthly, this legal duplex is currently tenanted with Algoma University students grossing over $3500 in rents. Students are on leases. 55 Cathcart has been fully renovated from top to bottom, inside and out!. Leaving you nothing to do, but collect rent. Each unit has their own fridge, stove, washer and dryer, new in 2023. Windows, roof and siding replaced in 2022. In both units the Kitchen and bathrooms have also seen beautiful upgrades. Main floor unit is a one bedroom with a large living room with space for a second bedroom. Unit two is a three bedroom. Bus stop is within a two minute walking distance from front door. Back yard is newly fenced for privacy. This is an amazing opportunity to add an investment property to your portfolio . (id:2493)
- Property Type:
- Multi-family
- Size Interior:
- 1,300 sq. ft.
- Transaction Type:
- For sale
- Community:
- Sault Ste. Marie
- Community Features:
- Bus Route
- Building Type:
- Duplex
- Utilities:
- Electricity - Available, Telephone - Available
- Communication Type:
- High Speed Internet
- Age:
- 119 years
- Exterior Finish:
- Vinyl
- Fireplace:
- No
- Foundation:
- Block
- Heating:
- Baseboard heaters
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Full
- Road Access:
- Road access
- Lot Frontage:
- 30'
- Acreage:
- No
- Lot Size:
- 30.0x84.0|under 1/2 acre
- Lot Details:
- 30.0x84.0
- Parking Type:
- Gravel
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Listed by Exit Realty True North
Data was last updated April 27, 2024 at 06:45 PM (UTC)
Area Statistics
- Listings on market:
- 22
- Avg list price:
- $348,700
- Min list price:
- $99,900
- Max list price:
- $1,440,000
- Avg days on market:
- 34
- Min days on market:
- 2
- Max days on market:
- 173
- Avg price per sq.ft.:
- $121.86
These statistics are generated based on the current listing's property type
and located in
Sault Ste. Marie. Average values are
derived using median calculations.
- Gary Trembinski
- EXIT Realty Lake Superior
- 705.257.5432
- gary@exitrealtyssm.com
Gary Trembinski, Broker
EXIT Realty Lake Superior Sault Ste. Marie
207 Northern Ave Suite # 1, Sault Ste. Marie, ON P6B 4H9