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Home ON Sault Ste. Marie
101-103 Forest AVE
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101-103 Forest AVE $599,900
$599,900
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101-103 Forest AVE
Sault Ste. Marie, Ontario P6B1A6

MLS® Number: SM242796

Listing Description

Discover this exceptional all-brick Triplex nestled in a highly sought-after central location, perfect for those looking to enhance their investment portfolio. This very well-maintained property boasts three well-appointed units, ensuring a steady stream of rental income. Unit 101 is an impressive two-level residence featuring 4 bedrooms (3+1) and 2 bathrooms (1+1), complete with separate laundry facilities for added convenience. This spacious layout is ideal for families or group living, maximizing rental potential. Unit 103 offers two additional rental opportunities with a 3-bedroom unit and a cozy 1-bedroom unit, catering to a variety of tenant needs. Additionally, there's promising potential to expand the property by adding a fourth unit in the basement on the 101 Forest Avenue side. Other features include Separate hydro and water meters for each unit which is the tenants responsibility, owner pays heat, fenced-in, private backyard for tenant enjoyment, enhancing the appeal of the property, 2 efficient forced air natural gas heating systems, separate laundry facilities in all units, a desirable feature for renters. This Triplex has been consistently well-maintained, showcasing a solid investment return and promising future growth. Don’t miss out on this lucrative opportunity! Book your viewing today!! (27824336)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
1
Community Name
Sault Ste. Marie
Land Size
75 x 100|under 1/2 acre
Built in
1959
Annual Property Taxes
$4,615.92
Parking Type
Gravel
Time on REALTOR.ca
11 days

Building

Interior Features
Basement Type
Full
Building Features
Foundation Type
Concrete Perimeter
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Bus Route
Parking
Parking Type
Gravel

Measurements

Square Footage
2250 sqft

Land

Lot Features
Fencing
Fenced yard
Frontage
75
Other Property Information
Access
Road access
Data provided by: Sault Ste. Marie Real Estate Board Sault Ste. Marie, Ontario

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