183 Albert St E,Sault Ste. Marie, ON P6A2J2
Sault Ste. Marie, ON P6A2J2
Description
A rare investment opportunity in the heart of downtown Sault Ste. Marie. This income-generating 4-unit property offers a diverse mix of long-term, mid-term, and short-term rental strategiesperfect for experienced investors or business owners looking to scale a real estate portfolio with strong returns. Located just steps from the Station Mall, transit terminal, and all downtown amenities, this property features 4 dedicated parking spaces, efficient boiler heating, and an unfinished basement with untapped potential for added value. Property Overview: Unit 1 - 2 Bed / 1 Bath: Well-maintained and currently rented to a long-term tenant. Spacious layout with a large bathroom and dependable monthly income. Unit 2 - 1 Bed / 1 Bath: Recently renovated and utilized as a mid-term rental. Ideal for traveling professionals and tenants seeking flexibility. Unit 3 - 2 Bed / 1 Bath: Renovated and updated, offering stable income and modern living space. Unit 4 - 1 Bed / 1 Bath: A fully renovated legal Airbnb that delivers consistent short-term rental revenue. Modern finishes and excellent guest reviews. With strong cash flow and a low operating budget, this property is a plug-and-play asset for investors who understand the power of hybrid rental models. Whether you're focused on scaling short-term rentals, diversifying income streams, or maximizing ROI, this 4-plex delivers. Strategic location. Reliable income. Built-in upside. Book your showing today! (id:13843)
Details
| MLS # | SM251315 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 48 |
| Listing Provided By | Royal LePage® Northern Advantage | Amy Leusenko |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,822 |
| Basement | Y |
| Story(s) | 2 |
Taxes
| Property | 3460 |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| City | Sault Ste. Marie |
| Postal Code | P6A2J2 |
