70 EAST ST, Sault Ste Marie, Ontario, P6A6M1
Fantastic Investment Opportunity To Acquire This Well Maintained 128 Suite High Rise Apartment Building. This Purpose-Built 128 Suite Property Contains Primarily One Bedroom Units Plus A Single Two Bedroom Apartments. Situated Close To The St. Mary's River In Sault Ste Marie And Close To The U.S./Canada Border. The Current Ontario Housing Program Is In Place For 97 Of The 128 Units And Many Capital Improvements Have Been Made To This Turn Key Building Conveniently Located Close To All Amenities, Schools, Parks, Shopping, Recreational Center & Public Transit. Many Units Rented To Long Term AAA Tenants, ***Assumable 1st Mortgage Approximately 9.8Mil @2.97% Interest, Maturing June,2027 & 2nd Mortgage Available By Seller @ 3% Interest Rate With 25% Down Payment.**** EXTRAS **** 128 Fridges, 128 Stoves, 5 Washers, 5 Dryers (id:2471)
- Property Address: 70 EAST ST, Sault Ste Marie, Ontario, P6A6M1
- Property Type: Multi-family
- Lot Size: 263.35 FT
- Acreage: 263.35 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Amenities Nearby: Public Transit
- Structure Style: Multi-Family
- Floor Space: 40450.74 sqft
Listing Offices: HOMELIFE/FUTURE REALTY INC.
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