NewFor Sale
NewFor Sale
859 Trunk RoadSault Ste Marie, Algoma, ON, P6A 3T3
Investment
TRREB
MLS® Number: X12342684
859 Trunk RoadSault Ste Marie, Algoma, ON, P6A 3T3
Investment
TRREB
MLS® Number: X12342684
$1,155,000List Price
InvestmentProperty Type
0.421 acresSize
$18,285 / 2025Taxes (Annual)
Join CPRB Brokerage
Apply hereProperty Location
Loading map…
Receive updates in 859 Trunk Road, Sault Ste Marie, Algoma, ON P6A 3T3
Listing History
Buy/sell history for 859 Trunk Road, Sault Ste Marie, ON P6A 3T3
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in Sault Ste Marie
Description
Great 1st time apartment investor building. 2 storey frame asset former motel converted into rental apartments. Fully occupied with 10 suites renovated and affordable rental. 17 suites with about $200,000 spent. 7% cap rate on asking price and $67,000 per suite which is way below replacement costs. Baseboard electric heating. Large site with ample parking. Potential to sub meter hydro moving forward. Owner pays cable and internet and this could be reduced on turnover.
Features
No features availableAmenities
No amenities available
Summary
Tax (Annual):$18,285 / 2025
Listing #:X12342684
Property Type:Investment
Size:0.421 acres
Land Size:126.69 x 254.69
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:COMMERCIAL FOCUS REALTY INC.
Rooms
Details
Property
Property Type:Investment
Municipality:Algoma
Building
Size:0.421 acres
Inside
Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No
Parking
Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0
Utilities
Cooling:No
Heating Type:Baseboard
Land
Cross Street:Trunk and Boundry Road
Property Location
Loading map…
Receive updates in 859 Trunk Road, Sault Ste Marie, Algoma, ON P6A 3T3
Contact Representative
$1,155,000
List price