$349,900
 $1,878 est/mo Sourced by Back At You

188 Church St,Sault Ste. Marie, ON P6A3H5

Sault Ste. Marie, ON P6A3H5

Share:

Description

188 Church St - Turnkey 5-Plex | 13.1% Cap Rate Excellent opportunity to add a cash-flowing 5-unit investment property to your portfolio. Featuring a strong unit mix of three 1-bedroom units and two 2-bedroom units, this property offers steady rental demand and stable tenancy appeal. Efficient natural gas boiler heat helps maintain predictable operating costs, while the newer detached double garage provides additional income potential through storage or parking rentals. Generating $62,580 gross annual income with a 13.1% cap rate, this is an attractive opportunity for investors seeking strong returns and long-term performance. (id:13843)

Details

MLS #SM261200
Listing TypeFor Sale
StatusActive
Year1904
Days On Site160
Listing Provided ByCentury 21 Choice Realty Inc. | Ryan Dodd

Features

SQ Feet2,750
BasementY
Story(s)2

Interior

HeatingRadiant/Infra-red Heat, Boiler
Fireplace Yes / NoNo

Exterior

Foundation DetailsStone
FencingFenced yard

Parking

Parking FeaturesDetached Garage, Gravel

Utilities

UtilitiesNatural Gas, Electricity, Cable, Telephone
SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount5993.6

Area Information

ProvinceON
CitySault Ste. Marie
Postal CodeP6A3H5
Listing VS Median (in P6A3H5)
Price:
$349,900
low | high
Med:
$349,900
50% of Average
sqft:
2,750
low | high
Med:
2,750
50% of Average
$ / sqft:
$127
low | high
Med:
$127
50% of Average
On site:
160
low | high
Med:
160
100% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Sutton at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.

Contact

Learn More About This Property

ProvinceON
CitySault Ste. Marie
Postal CodeP6A3H5
Listing VS Median (in P6A3H5)
Price:
$349,900
low | high
Med:
$349,900
50% of Average
sqft:
2,750
low | high
Med:
2,750
50% of Average
$ / sqft:
$127
low | high
Med:
$127
50% of Average
On site:
160
low | high
Med:
160
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $262K - $437K
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
185 Church ST Property Photo 1
$329,900
185 Church St
Sault Ste. Marie, ON P6A3H7
172 Pim ST Property Photo 1
$350,000
172 Pim St
Sault Ste. Marie, ON P6A3G8
Listing Updated: September 29, 2026 at 3:56:58 AM PDT