45 Murray ST

About this home

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:66966)

Details

Type

Multiplex

Size

28200 sq ft

Basement

None

Property tax

$22,294

Neighbourhood

Blind River

Municipality

Blind River

Interior

Fireplace

No

Heating, cooling and services

Heating

Forced air

Water and sewer

Municipal sewage system

Building and exterior

Year built

1997

Foundation

Concrete Perimeter

Outdoor

Brick, Vinyl

Parking

Driveway and parking

Gravel

Location

Location is approximate. See nearby homes on the map