324 Korah Rd Sault Ste. Marie, ON P6C 4H1
Listing Courtesy of: MLS LogoCREA - C21 Brokers / Century 21 Choice Realty Inc. Brokerage / Carlo Gervasi

  324 Korah Rd Sault Ste. Marie, ON P6C 4H1

Active (3 Days)
$468,489

Description

Here’s the value-add investment opportunity you’ve been waiting for. This solid, purpose-built brick 4-plex is located in a desirable west end neighbourhood close to Market Mall, public transit, and all amenities. The building features four self-contained units, including three spacious 2-bedroom units and one spacious 3-bedroom unit. Each unit is separately metered with five hydro meters in the building, allowing tenants to pay their own power and keeping your operating costs down. Additional income potential comes from the on-site coin laundry, and each unit benefits from individual storage. Most of the units have already been updated with new flooring, doors, trim, and paint. The building offers secure front and rear entrances and ample parking for tenants. What truly sets this property apart is that three of the four units are currently vacant, giving you a rare chance to set your own rents at current market value from day one. Whether you’re a seasoned investor looking to expand your portfolio, or a new buyer seeking a strong income-generating asset with upside, this property offers the flexibility, location, and potential to deliver solid returns. Don’t miss out on this rare opportunity in a tight rental market. (id:42016)

MLS®:
SM252089
Type
Multifamily
Year Built
1979
County
Algoma District

Listed By

Carlo Gervasi, Century 21 Choice Realty Inc. Brokerage
Source
CREA - C21 Brokers
Last checked Aug 1 2025 at 4:05 PM EDT
Bathroom Details
Lot Information
  • Corner Site
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Baseboard Heaters
Basement Information
  • Full
Exterior Features
  • Brick
Utility Information
  • Sewer: Municipal Sewage System
Stories
  • 1
Living Area
  • 2,400 sqft
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/1/25 09:05