569 Queen St W Sault Ste. Marie, Ontario P6A 1A8
$399,000
Excellent value-add opportunity with this 14 Unit multifamily investment property, priced to sell and offering significant upside for the savvy investor. The building comprises six 2 bedroom units, one 3 bedroom unit, and seven 1 bedroom units, providing a versatile unit mix that appeals to a broad tenant base. The property requires comprehensive capital improvements, including full electrical and plumbing upgrades throughout the entire building, presenting an ideal blank slate for redevelopment and modernization. Investors will benefit from municipal grant programs currently available, offering future property tax savings. Additionally, there are nearby subject properties that may be available for acquisition at very attractive pricing, offering further potential for expansion or redevelopment for those seeking a larger footprint in the area. A compelling opportunity for investors!! Call your REALTOR today! (id:47351)
Property Details
| MLS® Number | SM260223 |
| Property Type | Multi-family |
| Community Name | Sault Ste. Marie |
Building
| Age | Over 26 Years |
| Basement Type | Full |
| Exterior Finish | Brick |
| Foundation Type | Concrete Perimeter |
| Heating Type | Baseboard Heaters |
| Roof Style | Flat |
| Stories Total | 2 |
| Size Interior | 8,000 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 82.5000 |
| Size Total Text | Under 1/2 Acre |
Utilities
| Electricity | Available |
https://www.realtor.ca/real-estate/29319581/569-queen-st-w-sault-ste-marie-sault-ste-marie
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February 04 2026 04:31:47
Sault Ste. Marie Real Estate Board
Century 21 Choice Realty Inc.