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In-PersonVirtual Tour
$ 800,000
Est. payment | /mo
3,000 SqFt
$ 800,000
Est. payment | /mo
3,000 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $266
Subdivision West
MLS Listing ID X12107273
Annual Tax Amount $6,504
Tax Year 2024
Property Sub-Type Investment
Property Description
Incredible opportunity to own this well-maintained, all-brick 5-unit purpose-built apartment building, perfectly positioned at the base of North Street and just steps from the waterfront, scenic boardwalk, shopping plazas, and a wide range of amenities. This income-generating property features 3 spacious two-bedroom units and 2 one-bedroom units, with immediate potential for rental upside. Additional income is boosted by a coin-operated washer and dryer. A large paved parking lot offers plenty of tenant parking. Recent updates include a brand new high-efficiency gas furnace, fresh paint, updated trim, and more in several units. The basement offers a wide open layout with abundant space, ideal for additional paid tenant storage or future development opportunities.
Location
Province ON
County Algoma
Community West
Area Algoma
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 110.0
Lot Depth 120.0
Listed by RIGHT AT HOME REALTY
Elevating Your Journey Home