Property Description for 2 Whitman CT
Welcome to this incredible investment opportunity in Marathon, ON! This 8-plex property has been well maintained and boasts renovated units with new electrical and plumbing. Basement can easily be renovated to add 4 more units. With only one vacancy in over 6 years, this property offers a significant and stable income potential. Many of the units offer stunning views of Lake Superior. In a town facing a housing shortage due to an influx of new industry, this property is perfectly positioned to capitalize on high demand for quality rental units. Three mines within one-hour of Marathon include Barrick Gold (Hemlo), Harte Gold, and Alamos Gold, all contribute to above-average salaries. White River Forest Products is only an hour east of Marathon. All of these industries provide excellent housing income potential. Don't miss your chance to own this profitable piece of real estate in Marathon - schedule your showing today! (id:38686)
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Property Details
Property Tax
: N/AMLS® #
: SM250228
Home Features
Property Type
: MultiFamilySquare Footage
: 2,338 SQFT
Interior Features
Heating
: ["Baseboard heaters"]Basement
: ["Full"]
Utilities
Sewer
: ["Municipal sewage system"]
Other
Parking Features
: ["Gravel"]Exterior Features
: ["Siding"]
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