137-141 Tancred Street

FOR SALE
$359,900
137-141 Tancred Street, Sault Ste Marie
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
137-141 Tancred Street
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Property Description
This timeless building in the city's downtown is a very unique property with 3 units comprised of 2 single family semi detached & a 1 bedroom 3rd floor in-law suite. The first unit is at 137 Tancred is 4 bedroom (2 stories) with basement access with 1420 sq feet and the Larger side is 141 Tancred is 1846 sq feet. This unit is a large 3-story home with 7 bedrooms! Good existing paying tenants. Building runs about 8% Cap. Great investment or owner occupied. A small garage on site with a parking spot and 3-4 parking spots in the rear off the laneway. Its not your regular income property. It has original trim and hardwood floors, beautiful staircase, a gem that you would be proud to own. Brick building, roof shingles 2016, 2 hot water boilers, laundry on site. Contact LBO for more information.
Property Features
Other, Other
Property Details
Address
137-141 Tancred Street
Community
Postal Code
P6A 2W2
Property Type
Multiplex, Multiplex
Days On Market
74
Zoning
Residential Semi-Detached
Lot Size
100' x 73'
Taxes
$5,070 (2025
Basement
Full
Heat Type
Other
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
Listing contracted with Exp Realty Brokerage
178 Mcdougald Street, Sault Ste Marie
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BEDS
-1
BATHS
$339,900
FOR SALE
178 McDougald is a great income-producing 4-Plex with convenient access and setup for all tenants. Unit 1, located at the front of the house, is a 1-bedroom w/ access to the basement. Unit 2 (second level) features three rooms that are currently rented. Unit 3 (third level) offers spacious living with 2 bedrooms. Unit 4, located at the rear of the property has been recently updated, featuring a large bedroom on the second floor as well as a fenced yard. All units have a kitchen area and a 4 pc bathroom. Additional features include parking at the side and rear, a storage unit at the back, separate meters (4), hot water tanks (4), and an economical boiler system to heat the home. With great income potential, a functional layout, and a convenient location, this is an excellent opportunity for investors. Call today!
549 Cathcart Street, Sault Ste Marie
-1
BEDS
-1
BATHS
$329,900
FOR SALE
Motivated seller, all offers considered. Do you have the imagination to breath new life into this incredible building? Perhaps a new place of worship, a multi-residential building or a multigenerational home? The possibilities are endless. The Soo is home to a diverse culture and loads of opportunity. Make this building your passion project. All amenities nearby, walk to the riverfront.
146 Gore Street, Sault Ste Marie
-1
BEDS
-1
BATHS
$279,000
FOR SALE
Excellent income property with 2 main floor commercial storefronts known as 144 Gore Street and 146 Gore Street. The 4 residential second floor apartments are known as 2 Albert Street East. Each unit has own electrical meters plus one meter for common area. 2-2 bedrooms, 1-1 bedroom, 1 bachelor apartment. Roof replaced in 2021, Apartment windows replaced in 2016, Presently all units vacant so new owner can set own rents.
341 Devon Road, Sault Ste Marie
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BEDS
-1
BATHS
$329,900
FOR SALE
Well-Maintained Legal Triplex in a Desirable West End Location! This well-maintained, all-brick legal triplex offers an excellent opportunity for both investors and owner-occupiers looking to build equity while generating rental income. Ideally located in a desirable West End neighbourhood close to schools, shopping, transit, restaurants, and all major amenities, this property offers a great combination of location, functionality, and income potential. The property features two spacious 2-bedroom units and one bachelor unit, with separate entrances, separate hydro meters, and two separate driveways, providing an ideal setup for easy management and tenant privacy. The building currently has good, quiet, long-term tenants in place, providing stable rental income. The main-floor 2-bedroom unit is currently vacant, creating an outstanding opportunity for an owner-occupier. Live in the vacant unit and have the rental income from the other two units help offset your mortgage, or rent the unit out yourself and take advantage of the opportunity to establish your own market rent. Additional features include basement storage, vinyl windows, newer electrical panels, and shingles replaced in 2026. With its solid brick construction, desirable West End location, flexible unit configuration, and immediate owner-occupier potential, this is the kind of investment opportunity that doesn’t come along often. A great opportunity to live in one unit, generate income from the others, and let your tenants help build your equity. Don’t miss this excellent owner occupied investment!
254 Wallace Terrace, Sault Ste Marie
-1
BEDS
-1
BATHS
$309,900
FOR SALE
4-Plex with attached 20x24 wired & insulated garage (vacant), 2 - 3 bedroom units (1 rented 1 Vacant) Excellent opportunity for an Owner occupied unit or set your own rental rate. 1 - 4 bedroom plus Den & 1 - 2 bedroom. Separate meters, on demand boiler for 2 main floor units and 4 bed plus den high efficiency furnace. Parking lot across the street is included & measures 36.62ftx121.66ft with additional oversized storage shed, full basement for storage, security system, includes cameras & hard drive system. 4 Fridges & 4 Stoves included. (as is condition) 24 Hr. Notice for showings. Property taxes $9804.27 / 2026 year. (Sold as is where is no representation or warranty offered from the Sellers). 48Hr irrevocable for offer review. New Boiler 2026.
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