254 Wallace Terrace
Ward 4, Sault Ste Marie, P6C 1K7
FOR SALE
$309,900
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Property Description
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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Property Features
Other, Other
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Property Details
Address
254 Wallace Terrace
Community
City
Postal Code
P6C 1K7
Property Type
Multiplex, Multiplex
Zoning
C1
Lot Size
42' x 126'
Taxes
$9,804 (2026
Basement
Full
Heat Type
Other
Heat Source
Electric
Water
Municipal
Parking Spaces
10
Garage Type
None
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Listing contracted with Century 21 Choice Realty Inc.
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.
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