$2,255,000
Available - For Sale
Listing ID: X12372825
40 Hynes Stre , Sault Ste Marie, P6A 3E4, Algoma
| 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: | $18141.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 40 Hynes Stre , Sault Ste Marie, P6A 3E4, Algoma |
| Postal Code: | P6A 3E4 |
| Province/State: | Algoma |
| Directions/Cross Streets: | Hynes and Queen |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Apartment |
| Use: | Apts - Over 20 Units |
| Building Percentage: | T |
| Total Area: | 20858.00 |
| Total Area Code: | Square Feet |
| Business/Building Name: | Hynes Manor |
| Net Income Before Debt: | $175000 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
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| COMMERCIAL FOCUS REALTY INC. |
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HARMOHAN JIT SINGH
Sales Representative
Dir:
(416) 884 7486
Bus:
(905) 793 7797
Fax:
(905) 593 2619
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Algoma |
| Municipality: | Sault Ste Marie |
| Neighbourhood: | Dufferin Grove |
| Tax: | $18,141 |
| Fireplace: | N |
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