$799,000

690 Pine ST, Sault Ste. Marie, Ontario, P6B 3G1

MLS® # SM260219

Sault Ste. Marie ON, P6B 3G1

MLS® # SM260219

Property Information:

Solid brick, purpose-built sixplex located in a desirable area close to amenities and situated on transit route, offering strong fundamentals and excellent long term potential. The building features a highly desirable unit mix of five 2 bedroom units and one 1 bedroom unit, all separately metered, with efficient boiler heat. Vacancy in the building allows new owners to set market rents and increase cash flow. This property is an excellent value-add opportunity - priced to sell, this property has potential to become a strong long term investment for the right buyer! Don't wait, call your REALTOR today! (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Basement Type: Full
Exterior Finish: Brick
Floor Space: 4000 sqft
Foundation Type: Concrete Perimeter
Heating Type: Boiler

Property Features:

Property Type: Multi-family
Built in: 1962
Communication Type: High Speed Internet
Community Features: Bus Route
Floor Space (approx): 4000 Square Feet
Lot Frontage: 65
Utility Type: Cable - Available, Natural Gas - Available, Telephone - Available, Hydro - Available
Sewer: Municipal sewage system

Courtesy of: Century 21 Choice Realty Inc.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 690 Pine ST, Sault Ste. Marie, Ontario, P6B 3G1

Lifestyle
Neighbourhood

Demographic Information of 690 Pine ST, Sault Ste. Marie, Ontario, P6B 3G1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$88,349.22

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.41 %

High school certificate or equivalent

31.43 %

Apprenticeship trade certificate/diploma

6.68 %

College/non-university certificate

22.16 %

University certificate (below bachelor)

1.56 %

University Degree

18.76 %

Commuter

Travel To Work

By Car

82.33 %

By Public Transit

1.38 %

By Walking

10.74 %

By Bicycle

2.07 %

By Other Methods

3.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

43.17 %

Houses

56.83 %

Own Vs. Rent