For Sale

346 Bruce ST, Sault Ste. Marie, Ontario P6B1P7

$289,900

346 Bruce ST, Sault Ste. Marie, Ontario P6B1P7 is For Sale and has a listing price of 289,900. The property is located in the Sault Ste. Marie neighbourhood. It's been on the website for 207 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • Gravel
    Parking
  • MLS ID: SM241773
  • Office Name Century 21 Choice Realty Inc.
Property Description

**Prime Investment Opportunity: Income-Generating Multifamily Property** Located at 346 Bruce Street , Sault Ste. Marie this multifamily building features three distinct units, each offering strong rental income and significant potential for future growth. The upstairs three-bedroom unit rents for $1,550/month plus utilities, providing a spacious and comfortable living space. The lower two-bedroom unit, rented at $1,350/month plus utilities, is cozy and well-maintained and recently renovated. Additionally, there is an unfinished bachelor unit with great potential to increase cash flow. This property is cash flow positive, with reliable tenants and ready for the next investor. It’s conveniently located near schools, shopping centers, and public transportation, making it an attractive option for renters. With low maintenance needs and room for value-adding renovations, this multifamily property presents a solid investment opportunity with immediate returns and future development possibilities. Call today to schedule a viewing and explore its potential! (id:43137)

Property Details
  • MLS ID: SM241773
  • Price: $289,900
  • Transaction Types: For Sale
  • Ref ID: 27163249
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
07/12/2024 SM241773 $299,000 For Sale - -
11/27/2023 SM232860 $319,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Sault Ste. Marie
  • $404,706 Average List Price
    based on 1 year
  • 122 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.12 % Up
  • Sold (12mo) 5
  • Rented (12mo) 0

  • 1 Month Change +2.9%
  • 3 Month Change +17.7%
  • 6 Month Change +29.0%
Walkscore
  • 76 Walk Score
    Very Walkable
  • 37 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    73.13%
  • Commercial
    15.95%
  • Condo
    7.39%
  • Land for Sale
    3.53%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full
  • Heating System Baseboard Heaters, Forced Air
  • Water Municipal Water
  • Exterior Brick, Vinyl, Siding
  • Fireplace False
  • Roof Deck Flat
  • Parking Gravel, Concrete
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 12/07/2024 00:00:00
  • Agent Name: Ryan Dodd
  • Last Updated: 21/11/2024 16:53:08
Open House Dates
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