183 Albert St E Sault Ste. Marie, Ontario P6A 2J2

2,822 ft2
Boiler

$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 viewing today! (id:50886)

Property Details

MLS® Number SM251316
Property Type Multi-family
Community Name Sault Ste. Marie
Communication Type High Speed Internet
Community Features Bus Route
Features Corner Site

Building

Age 111 Years
Basement Type Full
Exterior Finish Brick, Siding
Foundation Type Concrete Perimeter
Heating Type Boiler
Stories Total 2
Size Interior 2,822 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 38.5500
Size Irregular 38.55 X 95.00
Size Total Text 38.55 X 95.00|1/2 - 1 Acre

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/28384005/183-albert-st-e-sault-ste-marie-sault-ste-marie

Contact Us

Contact us for more information

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Amy Leusenko
Salesperson

(705) 989-8859
(705) 759-6170
www.movewithamy.ca/
www.facebook.com/amy.leusenko/
www.instagram.com/movewithamy_rlp/?hl=en

Royal LePage® Northern Advantage
766 Bay Street
Sault Ste. Marie, Ontario P6A 0A1

(705) 942-6000
(705) 759-6170
1-northernadvantage-saultstemarie.royallepage.ca/

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