Cheap Detached House for $199k. Vacant Possession on SFH Rental Assigned

  • $199,900
  • 4 beds
  • 1 baths
  • 1,146 sqft

Who’s looking for a profitable property?

Unique chance to break into the market at an incredible price point. Don’t miss out—this property is just shy of the coveted 1% rule, making it a smart addition to your portfolio!

How can you profit?
1) Rent It Out: profitable rental even as a single family home! Almost meets the 1% rule. Consider renting out the big detached garage separately, or charging increased rents to your main tenant to include it.

SUMMARY:
– LOCATION: Sault Ste Marie, ON (Second Line W & Wellington St W)
– PURCHASE PRICE: $199,900 Or Best Offer
– AFTER REPAIR VALUE: Around $300k
– CLOSING: December 17, 2024 (This is an assignment sale.)
– TYPE: 1.5 Storey Detached
– BEDS/BATHS: 4 Bedrooms/1 Bath
– PARKING: 2 Car Detached Garage Plus 6+ Driveway Spaces
– BASEMENT: Unfinished
– SQFT: 1,146
– LOT: 48’ x 127’
– AGE: 1954
– PROPERTY TAX: $2,478 (2023)
– POSSESSION: Vacant

RENOVATIONS NEEDED:
– Cosmetic updates needed throughout.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.

GOOD NEWS:
– It’s cheap!

LISTING ID: 1024-SAU-F01

Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang & Josea Dussard
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors

PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.

Price:
$199,900
Address:
Sault Ste Marie, ON
Square Feet:
1,146
Lot Size:
48’ x 127’
Bedrooms:
4
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1954
Basement:
Unfinished
Const. Type:
1.5 Storey Detached

Call (647) 557-5979 for more details