Great Investment property with opportunity to gross over $4000 monthly, this legal duplex is currently rented with Algoma University & great investment opportunity awaits with this Legal Duplex. Fully tenanted with Algoma University students grossing over $3500 in rents currently. Students are on leases. 55 Cathcart has been fully renovated from top to bottom, inside and out!. Leaving you nothing to do, but collect rent. Each unit has their own fridge, stove, washer and dryer, new in 2023. Windows, roof and siding replaced in 2022. In both units the Kitchen and bathrooms have also seen beautiful upgrades. Main floor unit is a one bedroom with a large living room with space for a second bedroom. Unit two is a three bedroom. Bus stop is within a two minute walking distance from front door. Back yard is newly fenced for privacy. This is an amazing opportunity to add an investment property to your portfolio . (id:51013)
| MLS® Number | SM240313 |
| Property Type | Multi-family |
| Community Name | Sault Ste. Marie |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
| Basement Type | Full |
| Constructed Date | 1905 |
| Exterior Finish | Vinyl |
| Foundation Type | Block |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1300 |
| Type | Duplex |
| Utility Water | Municipal Water |
| Gravel |
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 30.0000 |
| Size Irregular | 30.0x84.0 |
| Size Total Text | 30.0x84.0|under 1/2 Acre |
| Electricity | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26544165/55-cathcart-st-sault-ste-marie-sault-ste-marie
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Kimmie Dozois
Salesperson
(705) 942-6500
(705) 942-6502
(705) 942-6502
www.exitrealtyssm.com/
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