A rare investment opportunity in the heart of downtown Sault Ste. Marie. This income-generating 4-unit property offers a diverse mix of long-term, mid-term, and short-term rental strategies—perfect for experienced investors or business owners looking to scale a real estate portfolio with strong returns. Located just steps from the Station Mall, transit terminal, and all downtown amenities, this property features 4 dedicated parking spaces, efficient boiler heating, and an unfinished basement with untapped potential for added value. Property Overview: Unit 1 - 2 Bed / 1 Bath: Well-maintained and currently rented to a long-term tenant. Spacious layout with a large bathroom and dependable monthly income. Unit 2 – 1 Bed / 1 Bath: Recently renovated and utilized as a mid-term rental. Ideal for traveling professionals and tenants seeking flexibility. Unit 3 – 2 Bed / 1 Bath: Renovated and updated, offering stable income and modern living space. Unit 4 – 1 Bed / 1 Bath: A fully renovated legal Airbnb that delivers consistent short-term rental revenue. Modern finishes and excellent guest reviews. With strong cash flow and a low operating budget, this property is a plug-and-play asset for investors who understand the power of hybrid rental models. Whether you're focused on scaling short-term rentals, diversifying income streams, or maximizing ROI, this 4-plex delivers. Strategic location. Reliable income. Built-in upside. Book your viewing today! (id:2493)
Data was last updated July 11, 2025 at 05:15 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$349,950
Min list price:
$45,000
Max list price:
$1,150,000
Avg days on market:
47
Min days on market:
0
Max days on market:
226
Avg price per sq.ft.:
$137.02
These statistics are generated based on the current listing's property type
and located in
Sault Ste. Marie. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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