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$2,255,000
Available - For Sale
Listing ID: X12372825
2 storey wood frame former motel converted into apartment suites. Brick exterior, double windows and flat roof. Walk up apartment building with little common areas and easy to manage. Low maintenance. Many suites updated and over $180,000 spent recently. 36 bachelors 5 one beds and 1 three bed. Well located asset in downtown. Potential to add 2 suites and turn solar panels back on. Potential to sub meter hydro and landlord stop paying for cable/internet.
Price $2,255,000
Taxes: $18,141
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 40 Hynes Stre , Sault Ste Marie, P6A 3E4, Algoma
Postal Code: P6A 3E4
Province/State: Algoma
Directions/Cross Streets: Hynes and Queen
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Apartment
Use: Apts - Over 20 Units
Building Percentage: T
Total Area: 20,858
Total Area Code:  Square Feet
Business/Building Name: Hynes Manor
Maintenance: 0
Net Income Before Debt: $175000
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Gas Hot Water
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COMMERCIAL FOCUS REALTY INC.

40 Hynes Stre , Sault Ste Marie, P6A 3E4, Algoma


 
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At a Glance:
Type: Com - Investment
Area: Algoma
Municipality: Sault Ste Marie
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 104.90(Feet)
Approximate Age:
Tax: $18,141
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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