167-173 Gore Street, Sault Ste Marie | Image 1

167-173 Gore Street

Sault Ste Marie

  • 9 bed 9 bath 5000 sqft
$899,900 est.*: $3,049/mo
For Sale

Added 3 months ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 5000 sqft

  • Lot Size: 64 x 136 Feet

  • Age: 51-99 years

  • Taxes: $17,000 per year

  • Days on Site: 84 Days

  • Added: Jul 30, 2024 (3 months ago)

  • Updated:

  • Last Checked: 11 hours ago

  • MLS®#: X9233421

  • Listed By: Re/max realtron realty inc.

A prime investment opportunity, this well-maintained building offers close to 9,000 sq. ft. of rentable space. The main floor, currently vacant and zoned commercial, awaits your vision. The second floor features 9 residential 1 bedroom apartments, each generating $1,180/month in rent plus heat and electric. With a current monthly income of $10,620, the property is occupied by quality tenants, fostering a safe and secure community. Recently rebuilt with engineering and city permits, encapsulating masonry, windows, framing, electrical, plumbing, fire-rated drywall, and insulation. The building also features separate meters and minimal maintenance. This property offers security in a highly attractive cap rate alongside robust cash flow. Priced to sell.

Extras

5 HOT WATER TANKS, 9 FRIDGES, 9 STOVES, TWO WASHER/TWO DRYER,

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 5000

  • Age: 51-99

  • Area: Sault Ste Marie

  • Availability Date: Immediate

Inside

  • Bedrooms: 9

  • Bathrooms: 9

  • Kitchens: 9

  • Rooms: 28

  • Den/Family Room: Yes

  • Air Conditioning: None

  • Fireplace: No

  • Laundry Level: Upper

  • Washrooms: 9

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Available

  • Telephone: Available

Building

  • Basement: Full

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Brick

  • UFFI: No

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: Attached

  • Covered Parking Spaces: 9

  • Total Parking Spaces: 9

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 18-19 PL 4050 ST. MARY'S AS IN T405230 (FIRSTLY & SECONDLY

  • Taxes: $17,000

Land

  • Cross Street: WELLINGTON ST AND NO

  • Municipality District: Sault Ste Marie

  • Fronting On: West

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 136 Feet

  • Lot Frontage: 64 Feet

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Very Walkable

  • Most errands can be accomplished on foot.
84 /100

Bikeable

  • Some errands can be accomplished on bike.
65 /100
Join or Sign in • See photos & sold data
 ResidentialProperty 212 Saint Georges Avenue West
Sold Oct 25, 2021
$XXX,XXX
  • — bath
  • — bed

212 Saint Georges Avenue West, Sault Ste Marie, Ontario • P6A 1L5

Map of 167-173 Gore Street, Sault Ste Marie
JK-8

St. Basil Catholic School

Elementary: Catholic
0.91 km
7-8

Superior Heights Community Education

Elementary: Public
2.28 km
7-8

Superior Heights Intermediate School

Elementary: Public
2.28 km
JK-8

Kiwedin Public School

Elementary: Public
2.55 km
JK-8

Northern Heights Public School

Elementary: Public
1.52 km
JK-8

École Notre-Dame-du-Sault

Elementary: Catholic
1.52 km
9-12

École secondaire Notre-Dame-du-Sault

Secondary: Catholic
0.87 km
9-12

Holy Angels Learning Centre

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0.22 km
9-12

Algoma Education Connection Secondary School

Secondary: Public
3.01 km
Pre-Grade 9-12

Korah Collegiate and Vocational School

Secondary: Public
4.11 km
Pre-Grade 9-12

Superior Heights Collegiate and Vocational School

Secondary: Public
4.15 km
9-12

St Mary's College

Secondary: Catholic
0.38 km

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