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167-173 Gore St
Sault Ste Marie | | P6A 1M3- 9
- 9
- 0
$899,900
Est. Mtg $3,051 /mo-
Days on market
120
-
Status
Sc
Home details
- MLS #:
X9233421
- Property type:
- Multiplex
- Style:
- 2-Storey
- Taxes:
- $17,000
- Possession:
- Immediate
- Lot Front:
- 64.0 Feet
- Lot Depth:
- 136.0 Feet
- Basement:
- Full |
- Driveway Pkg:
- 9
- Heat:
- Electric | Baseboard
Description
167-173 Gore St, , Sault Ste Marie, Ontario is a Multiplex property in Sault Ste Marie and in the community in the P6A 1M3 postal code
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,.
History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2023-09 | 2024-02 | $1,779,900 | $1,779,900 | Exp | X6804728 |
| 2024-03 | 2024-07 | $999,999 | $999,999 | Ter | X8161088 |
| 2024-07 | 2024-11 | $899,900 | $899,900 | Sc | X9233421 |
| 2024-08 | $899,900 | $899,900 | X9233426 | ||
| 2021-07 | $1,899,900 | $1,899,900 | X5289591 | ||
| 2022-02 | $499,900 | $499,900 | X5419471 | ||
| 2024-02 | $1,779,900 | $1,489,900 | X6804750 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2024-02 | 44-46 Becher St, | $1,899,900 | $1,850,000 | 107 |
| 2024-01 | 46 East Ave E, | $699,900 | $685,000 | 27 |
| 2023-04 | 583-585 King St, | $1,199,900 | $1,170,000 | 90 |
| 2023-03 | 292 Simcoe St, | $849,000 | $800,000 | 46 |
| 2023-03 | 187-193 Station St, | $859,000 | $859,000 | 25 |
| 2022-03 | 1 Balfour Pl, | $1,250,000 | $1,325,000 | 6 |
| 2022-03 | 8-10 Lisgar St, | $1,790,000 | $1,767,000 | 20 |
| 2022-02 | 331 Spruce St, | $2,099,999 | $3,420,900 | 94 |
| 2022-02 | 270-272 Whittaker St, | $979,900 | $960,000 | 18 |
| 2022-01 | 91 Secord Ave, | $1,590,000 | $1,600,000 | 79 |
| 2022-01 | 27 Carleton St N, | $1,499,000 | $1,332,000 | 115 |
| 2021-12 | 3731 19th St, | $1,850,000 | $1,893,000 | 52 |
| 2021-11 | 377 Lasalle Blvd, | $999,900 | $900,000 | 48 |
| 2021-11 | 35-37 Ontario Rd, | $1,099,000 | $1,075,000 | 57 |
| 2021-11 | 69-71 Cedar St, | $1,399,000 | $1,307,000 | 127 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
Sault Ste Marie :
Estimated running costs for 167-173 Gore St
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $3051 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $1416 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
Payment calculator
-
Principal and Interest
3051 /mo
-
Property Taxes
$1416 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
P2 Realty Brokerage
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