64 Albert St E Sault Ste. Marie, Ontario P6A 2H9

1,300 ft2
Space Heater

$199,900

Fantastic investment opportunity with this recently updated legal duplex, ideally located in a convenient downtown neighbourhood close to transit, shopping, and amenities. This fully separate unit property features separate hydro and gas meters, allowing tenants to pay their own utilities and simplifying management for the owner. The front unit is currently vacant, giving you the opportunity to set your own rent. This spacious unit offers two bedrooms, a large living room, its own laundry area, an updated bathroom, and efficient heating with a gas Rinnai space heater as well as electric baseboard. Previously rented for $1,600/month plus utilities, it's move-in ready for a new tenant or ideal for owner occupancy. The back unit is a cozy studio, currently rented for $1,100/month plus utilities with its own separate electric heat. Both units are in great condition, making this a turnkey property with solid income potential. Additional features include fresh paint throughout, and a brand new ESA certificate for the entire property, proper fire separation and soundproofing between units, the property boasts legal independent parking for four vehicles, plus extra parking along the side of the home as well as smoke alarms in every bedroom and common area and a low-maintenance setup. The owner currently pays for water, averaging approximately $840 per year. Whether you're looking to live in one unit and rent the other, or add a cash-flowing property to your portfolio, this downtown duplex is a smart choice. Don’t miss out—book your private viewing today! (id:47351)

Property Details

MLS® Number SM251525
Property Type Multi-family
Community Name Sault Ste. Marie
Communication Type High Speed Internet
Community Features Bus Route

Building

Basement Type None
Constructed Date 1900
Exterior Finish Siding
Heating Type Space Heater
Stories Total 2
Size Interior 1,300 Ft2
Type Duplex
Utility Water Municipal Water

Parking

Gravel

Land

Access Type Road Access
Acreage No
Fence Type Fenced Yard
Sewer Municipal Sewage System
Size Frontage 37.1000
Size Irregular 37.1 X 100
Size Total Text 37.1 X 100|under 1/2 Acre

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/28459564/64-albert-st-e-sault-ste-marie-sault-ste-marie