1800 Ashmun ST, Sault Ste Marie, MI 49783 (MLS# 26-699)

Supplements: Several guest units have been updated with new flooring and paint, to enhance procurement of the best lease rates. Electric baseboard heat paired with individual AC units in every room for optimized tenant comfort and energy efficiency. Customizable on-site manager/owner quarters are ready to be completed to your exact specifications. City approved ... (Read more) Several guest units have been updated with new flooring and paint, to enhance procurement of the best lease rates. Electric baseboard heat paired with individual AC units in every room for optimized tenant comfort and energy efficiency. Customizable on-site manager/owner quarters are ready to be completed to your exact specifications. City approved floor plan included with sale, print available upon request. Owner's quarters projected rent is estimated to be $1000 to $1200 a month. Situated on a .40 acre corner lot along a high-visibility corridor just minutes from the historic Soo Locks, Kewadin Casino, and Lake Superior State University. Currently operating on month to month tenancy, but if you're thinking of converting this property back to nightly or weekly rentals for transient guests, this property location benefits from a steady stream of commercial travelers, seasonal tourists, and international cross-border traffic. Don't miss this rare, low-maintenance income producer fronting on the high visibility I-75 Business Loop with built-in equity growth potential. Financials available upon request.