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70 East St, Sault Ste Marie, Ontario P6A 6M1 (25471627)


70 East St Sault Ste Marie, Ontario P6A 6M1

40450.74 sqft
Baseboard Heaters


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 By Seller Available With 30% Down.*** (id:39567)


Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X6027909
Property Type Multi-family
Neigbourhood Downtown Sault Ste Marie
Amenities Near By Public Transit
Features Elevator


Heating Type Baseboard Heaters
Size Interior 40450.74 Sqft
Type Multi-family
Utility Water Municipal Water


Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Irregular 263.35 Ft
Size Total Text 263.35 Ft


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