183 Albert St E Sault Ste. Marie, Ontario P6A 2J2
$785,000
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 showing today! (id:50886)
Property Details
| MLS® Number | SM251315 |
| Property Type | Single Family |
| Community Name | Sault Ste. Marie |
| Features | Paved Driveway |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 3 |
| Age | Over 26 Years |
| Architectural Style | 2 Level |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Detached |
| Exterior Finish | Brick, Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Boiler |
| Stories Total | 2 |
| Size Interior | 2,822 Ft2 |
Parking
| No Garage |
Land
| Acreage | No |
| Size Frontage | 38.5500 |
| Size Irregular | 38.55 X 95.00 |
| Size Total Text | 38.55 X 95.00|1/2 - 1 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 14'11 x 12'1 | ||
| Second Level | Kitchen | 12'1 x 5'8 x 7'3 | ||
| Second Level | Bathroom | 6'7 x 9'4 | ||
| Second Level | Bedroom | 14'8 x 8'4 | ||
| Second Level | Bathroom | 6'8 x 9'5 | ||
| Second Level | Living Room | 14'1 x 11'6 | ||
| Basement | Bedroom | 14'5 x 8'2 | ||
| Basement | Laundry Room | 6'7 x 5'1 | ||
| Basement | Bathroom | 8'3 x 4'2 | ||
| Main Level | Kitchen | 15'0 x 12'3 | ||
| Main Level | Living Room | 12'1 x 15'9 | ||
| Main Level | Bedroom | 12'5 x 15'8 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/28384004/183-albert-st-e-sault-ste-marie-sault-ste-marie
Contact Us
Contact us for more information
Amy Leusenko
Salesperson
(705) 759-6170
www.movewithamy.ca/
www.facebook.com/amy.leusenko/
www.instagram.com/movewithamy_rlp/?hl=en
766 Bay Street
Sault Ste. Marie, Ontario P6A 0A1
(705) 942-6000
(705) 759-6170
1-northernadvantage-saultstemarie.royallepage.ca/
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May 29 2025 04:04:00
Sault Ste. Marie Real Estate Board
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