$649,900

324 Korah Road, Sault Ste. Marie, Ontario

2,400

Square feet

SM252089

MLS® Number

87

Days on Website

For Sale

Listing Type

$649,900 | Sault Ste. Marie Sault Ste. Marie Multi-Family for Sale at 324 Korah Road Sault Ste. Marie

Here’s the value-add investment opportunity you’ve been waiting for. This solid, purpose-built brick 4-plex is located in a desirable west end neighbourhood close to Market Mall, public transit, and all amenities. The building features four self-contained units, including three spacious 2-bedroom units and one spacious 3-bedroom unit. Each unit is separately metered with five hydro meters in the building, allowing tenants to pay their own power and keeping your operating costs down. Additional income potential comes from the on-site coin laundry, and each unit benefits from individual storage. Most of the units have already been updated with new flooring, doors, trim, and paint. The building offers secure front and rear entrances and ample parking for tenants. What truly sets this property apart is that three of the four units are currently vacant, giving you a rare chance to set your own rents at current market value from day one. Whether you’re a seasoned investor looking to expand your portfolio, or a new buyer seeking a strong income-generating asset with upside, this property offers the flexibility, location, and potential to deliver solid returns. Don’t miss out on this rare opportunity in a tight rental market. (id:6289)

Financial and Mortgage

List Price $649,900
Original Price $649,900
Monthly Payment $2,710/month
Get Prequalified
Days on Website 87
Price per square foot $271

324 Korah Road Details

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Construction and Lot

Year Built 1979
Square Footage 2,400
Bathrooms 0.00
Has Basement No
Foundation Concrete Perimeter
Heating Baseboard heaters
Exterior Brick
# of Stories 1
Features Corner Site

Exterior of 324 Korah Road

Type Multi-family
Features Corner Site

Interior

Fireplace No

Measurements

Square Footage 2,400

Sault Ste. Marie Information

About Sault Ste. Marie in Sault Ste. Marie

Address 324 Korah Road
Subdivision Sault Ste. Marie
City Sault Ste. Marie
Province Ontario
Postal Code P6C4H1
Features Corner Site
Office/Brokerage Century 21 Choice Realty Inc.

Sault Ste. Marie Map, Demographics, Characteristics

Book a Viewing of 324 Korah Road and other Sault Ste. Marie homes.

See 324 Korah Road and other Sault Ste. Marie homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #SM252089 324 Korah Road in Sault Ste. Marie, Sault Ste. Marie Ontario, or fill out the form below. Looking for more Sault Ste. Marie homes for sale in Sault Ste. Marie? Our top Sault Ste. Marie real estate specialists are ready to help you buy or sell in the Sault Ste. Marie area. Contact us today!

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