For sale 50$339,900
4 bed4 bath1,900 sq ft
791 Second Lin W
Sault Ste. Marie
11 days agoMLS® SM262745
Century 21 Choice Realty Inc.
$349,900
188 Church St
Sault Ste. Marie, Ontario P6A3H5
For sale· Added
2,750 sqft
About this home
188 Church St – Turnkey 5-Plex | 13.1% Cap Rate Excellent opportunity to add a cash-flowing 5-unit investment property to your portfolio. Featuring a strong unit mix of three 1-bedroom units and two 2-bedroom units, this property offers steady rental demand and stable tenancy appeal. Efficient natural gas boiler heat helps maintain predictable operating costs, while the newer detached double garage provides additional income potential through storage or parking rentals. Generating $62,580 gross annual income with a 13.1% cap rate, this is an attractive opportunity for investors seeking strong returns and long-term performance.
Location
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Property details
Listing
- MLS® number
- SM261200
- Added
- May 27, 2026 ()
- Updated
- Sep 8, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Multi-Family
- Storeys
- 2
- Year built
- 1,904
Inside
- Heating
- Radiant/Infra-red Heat, Boiler
- Fireplace
- No
Building
- Basement
- Full
- Exterior
- Steel, Brick
- Foundation
- Stone
- Parking
- Detached Garage, Gravel
Land
- Frontage
- 70 ft
- Fencing
- Fenced yard
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Natural Gas, Electricity, Cable, Telephone
Location
- Nearby
- Bus Route
Running costs
- Annual property tax
- $5,994
$349,900
188 Church St
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