2 Whitman CT Marathon

2 Whitman CT, Marathon, Ontario

$445,000

  • 2,338 Square Feet

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:56241)

  • Listing ID: SM250228
  • Property Type: Multi-family

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Details

  • Communication: High Speed Internet
  • Transaction: For sale
  • View: View

Building

  • Amenities: Laundry Facility
  • Appliances: Alarm System
  • BasementType: Full
  • Exterior Finish: Siding
  • Fireplace Present: False
  • Foundation: Concrete Perimeter
  • Heating: Baseboard heaters
  • Size Interior: 2338 sqft
  • Stories Total: 2
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Access Type: Road access
  • Sewer: Municipal sewage system
  • Size Frontage: 149.9000
  • Size Irregular: 149.9 x IRR
MLS®

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2 Whitman CT in Marathon Ontario. It was last modified on February 4th, 2025. Contact us to schedule a viewing or to discover other Marathon real estate for sale.

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