Sault Ste Marie Duplex, Vacant Upon Possession & Cheaper than Every House on the Block!: 394 1st Ave, Sault Ste Marie For Sale

Sault Ste Marie Duplex, Vacant Upon Possession & Cheaper than Every House on the Block!: 394 1st Ave, Sault Ste Marie

Wholesale Price: $145K (Or Best Offer)
Estimated As-Is Value: ~$200K
Estimated After Repair Value: ~$310K+

Closing: September 1st, 2022
This is your opportunity to purchase your next cash-flowing, BRRRR or Flip project in one of the most affordable markets in Ontario with a growing population of over 73,000+. Purchase a vacant duplex for less than 75K/unit! 394 1st Ave is in the Buckley residential area of Sault Ste Marie, a unicorn neighborhood where rents are good and homes are cheap. With instant equity on the buy and amazing upside potential, this is a property that you can flip, hold in your portfolio or BRRRR to refinance your capital out. It is basically impossible to find a duplex in Ontario less than $75K/unit and even rarer to find these properties in major cities such as Sault Ste Marie. The market here has been rapidly appreciating over the past few years, with multiple offers on the market and on-market sales consistently breaking new comparable records. You don’t not want to miss out this opportunity; it won’t last long! Check out the Photos and contact Peter today at 647 955 0843 to place an offer or learn more about this opportunity.

This property is listed cheaper than any house sold on 1st street in the last 11 months. In fact almost every house in the neighborhood sells for over 160K currently. These are often smaller houses and all single family homes, not a duplex like our property. The Sault Ste Marie market is still hot with properties consistently selling over asking on the MLS and breaking new records for comparable sales. If you’re looking for strong cash flow and affordability in a large market in Ontario, make sure to jump into Sault Ste Marie before it’s too late!  

✨Comparables:
🏷 76 Prentice Ave – $305,000 (Sold April 2022)
🏷 341 1st Ave – $260,000 (Sold Aug 2021)
🏷 344 1st Ave – $180,000 (Sold Nov 2021)

For full information, videos, and photos check out the link below:
https://mailchi.mp/ontariopropertydeals/394-1st-ave-sault-ste-marie

Address:
Sault Ste Marie
Terms:
For Sale
Property Type:
Duplex

Call 647-955-0843 for more details