28200 sqft
Forced Air
Acreage
$4,100,000
This well-maintained 26-unit apartment complex features 20 spacious two-bedroom suites and 6 one-bedroom suites, originally designed with seniors in mind and offering generous layouts. Each above-grade unit includes a private balcony, with south-facing suites enjoying beautiful views of Lake Huron sunsets. A common room is available for tenant gatherings and special occasions, enhancing the sense of community. The property boasts an excellent rental history with a waiting list. Conveniently located in Blind River, midway between Sault Ste. Marie and Sudbury along the Trans-Canada Highway. The building is within walking distance to grocery stores and the business district. Adding further value, the property includes a detached three-bedroom rental home and a paved parking lot. Carefully maintained by the same owner since construction, this asset is in excellent condition. The complex presents an exceptional investment opportunity, combining a strong tenant base, reliable income, and clear potential for rental growth in a sought-after Northern Ontario market. (id:49187)
Property Details
|
MLS® Number
|
SM252787 |
|
Property Type
|
Multi-family |
|
Community Name
|
Blind River |
|
View Type
|
View |
Building
|
Age
|
29 Years |
|
Basement Type
|
None |
|
Exterior Finish
|
Brick, Vinyl |
|
Foundation Type
|
Concrete Perimeter |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
28200 Sqft |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
Yes |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
181.0000 |
|
Size Irregular
|
1.37 |
|
Size Total
|
1.37 Ac|1 - 3 Acres |
|
Size Total Text
|
1.37 Ac|1 - 3 Acres |
https://www.realtor.ca/real-estate/28919222/45-murray-st-blind-river-blind-river