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$350,000 total
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Asset Class
Multifamily
Size
—
Building class
A
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
98%
Welcome to 172 Pim Street, a recently renovated duplex in a great central location. This property offers two spacious units with a strong rental setup and plenty of flexibility for an investor or owner-occupant. The main floor features 2 bedrooms plus 2 dens, while the upper level offers a generous 4-bedroom layout. Both units have been recently updated and well maintained, and each unit has its own separate laundry for added convenience and privacy. The main floor is currently rented for $1,700 per month and the upper unit is rented for $2,080 per month, providing a solid income stream from a well-located property. With recent renovations, separate laundry, and excellent rental potential, 172 Pim Street is a great opportunity for investors or buyers looking for a versatile duplex. (id:66811)
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Monthly debt service
$2K
Projected NOI
$19K
Annual cash flow
$-633
Cash-on-cash
-0.60%
DSCR
0.97
Going-in cap
5.36%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
88,329
Households
39,173
Median income
$110,000
Median age
33.5
Daytime population
76,407
5-yr growth
3.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 172 Pim ST, Sault Ste. Marie.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.