1712 Ashmun ST, Sault Ste Marie, MI 49783
sale
$350,000
|
Other
Courtesy Of Xpedition Summit Realty Group
Located on a high-visibility corridor in the heart of Sault Ste. Marie, this 13-unit hospitality property, inclusive of an attached single-family residence, offers unmatched value at just ~$27k per unit and ~$66 per square foot. The $3.22 billion Soo Locks expansion project brings an influx of construction workers, engineers, contractors, and government personnel to the area through at least 2030, while long-term rental demand is already strong thanks to very low supply and proximity to Lake Superior State University. At $350,000, this asset is priced to move and offers a clear path to immediate cash flow with multiple exit strategies for investors, developers, and owner/operators alike. One of the owners is a licensed realtor and this property may be bought as a package with 1707 Ashmun.
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Property Features
- Architecture Style: Other
- Building Units: 13
- Cooling System: Window Unit(s)
- Cooling System: Wall Unit(s)
- Exterior Type: Brick
- Heating System: Baseboard
- MLSID: 26-241
- Roof Type: Flat
- Roof Type: Shingle
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