22
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$445,000
Est. payment /mo
2,338 SqFt
Active
2 Whitman CT Marathon, ON P0T2E0
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,338 sqft
Price per Sqft $190
Subdivision Marathon
MLS® Listing ID SM250228
Source Sault Ste. Marie Real Estate Board
Property Description
Welcome to this incredible investment opportunity in Marathon, ON! This 8-plex property has been well maintained and boasts renovated units with new electrical and plumbing. Basement can easily be renovated to add 4 more units. With only one vacancy in over 6 years, this property offers a significant and stable income potential. Many of the units offer stunning views of Lake Superior. In a town facing a housing shortage due to an influx of new industry, this property is perfectly positioned to capitalize on high demand for quality rental units. Three mines within one-hour of Marathon include Barrick Gold (Hemlo), Harte Gold, and Alamos Gold, all contribute to above-average salaries. White River Forest Products is only an hour east of Marathon. All of these industries provide excellent housing income potential. Don't miss your chance to own this profitable piece of real estate in Marathon - schedule your showing today! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N Yes
View View
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by Green Apple Realty