2 Whitman Ct Marathon, Ontario P0T 2E0
$525,000
Welcome to this incredible investment opportunity in Marathon, ON! This 8-plex property has been well maintained and boasts renovated units with new electrical and plumbing. Basement can easily be renovated to add 4 more units. With only one vacancy in over 6 years, this property offers a significant and stable income potential. Many of the units offer stunning views of Lake Superior. In a town facing a housing shortage due to an influx of new industry, this property is perfectly positioned to capitalize on high demand for quality rental units. Three mines within one-hour of Marathon include Barrick Gold (Hemlo), Harte Gold, and Alamos Gold, all contribute to above-average salaries. White River Forest Products is only an hour east of Marathon. All of these industries provide excellent housing income potential. Don't miss your chance to own this profitable piece of real estate in Marathon - schedule your showing today! (id:50886)
Property Details
| MLS® Number | SM250228 |
| Property Type | Multi-family |
| Community Name | Marathon |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
| View Type | View |
Building
| Age | Over 26 Years |
| Amenities | Laundry Facility |
| Appliances | Alarm System |
| Basement Type | Full |
| Exterior Finish | Siding |
| Foundation Type | Concrete Perimeter |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2,338 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 149.9000 |
| Size Irregular | 149.9 X Irr |
| Size Total Text | 149.9 X Irr|under 1/2 Acre |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/27877346/2-whitman-ct-marathon-marathon
Contact Us
Contact us for more information
Linda Rose Pardy
Broker of Record
www.greenapplerealty.ca/
96 White Oak Drive East, Suite 13
Sault Ste. Marie, Ontario P6B 4J8
(705) 450-6770
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 04 2025 11:18:22
Sault Ste. Marie Real Estate Board
Green Apple Realty