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:13843)
| MLS # | SM252788 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1997 |
| Days On Site | 334 |
| Listing Provided By | Remax Sault Ste. Marie Realty Inc. | Drew Butkovich |
| SQ Feet | 28,200 |
|---|---|
| Story(s) | 3 |
| Acreage | 1.37 |
| Lot Features | Wheelchair access |
|---|
| Parking Features | Parking Space(s), Gravel, Surfaced |
|---|
| Tax Annual Amount | 22924 |
|---|
| Province | ON |
|---|---|
| City | Blind River |
| Postal Code | P0R1B0 |
| Province | ON |
|---|---|
| City | Blind River |
| Postal Code | P0R1B0 |
![]() | $3,600,00045 Murray StBlind River, ON P0R1B0 |