45 Murray ST — Blind River, Ontario

$3,900,000
Type:Multi-familyBuilt:1996Postal:P0R1B0
45 Murray ST — Blind River, Ontario - Photo 1 of 52
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Property Description

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:63357)

Property Details

Property Type
Multi-family
Living Area
28,200 sqft
Year Built
1996
Stories
3.0
Status
Active

Location & Neighborhood

Explore what's nearby 45 Murray ST

Nearby Schools

(3)
  • École séparée Saint-Joseph

    School
    0.3 km
  • W.C. Eaket Secondary School

    School
    0.5 km
  • Blind River Public School

    School
    0.7 km

School information provided for reference. Visit official school board websites for details.

Local Amenities

(5)
1 Shopping4 dining

Shopping

  • Valu-mart
    0.2 km

dining

  • Lake View Inn Restaurant
    0.3 km
  • North Shore Wayside Inn Restaurant
    0.4 km
  • 17 Restaurant
    0.5 km
  • + 1 more
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$3,900,000