2 WHITMAN COURT, Marathon (TB-74)

$395,000

For sale: Multiplex

Multiplex at 2 WHITMAN COURT, Marathon (TB-74)
Property type
Multiplex
MLS®
MLS® X13445956
Neighbourhood
TB-74

Welcome to this incredible investment opportunity in Marathon Ontario. This 8-plex property is located close to Lake Superior and the central core of Marathon. Offering 8 1-bedroom units with some updated plumbing and electrical in each unit. This property offers a significant and stable income potential. Many of the units offering stunning views of Lake Superior. Full basement with laundry facilities. Parking for up to 12 vehicles. Proximity to new Active Living Centre and Shore line developments provides interesting prospects for a full renovation project while taking advantage of the space, location and the stunning Lake Superior views. You bring the vision and let the view attract the income! Visit www.century21superior.com for more info and pics.

Sold data

Homes in Marathon (TB-74) — recent sold market

Homes in Marathon (TB-74) took a median of 49 days to sell over the last 365 days, with the quickest quarter selling within 29 days and the slowest quarter taking more than 133, across 51 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 85 days.

The median sale price was $205,000.

Homes sold for about 4.3% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
49
Median sale price
$205,000
Sale-to-list ratio
95.7%
Sold above asking
12%

Based on 51 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Marathon (TB-74)

Marathon (TB-74) has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 2.7/10.

Rated schools
3
Elementary
2
Secondary
1
Average rating
2.7 / 10

Top-rated schools in Marathon (TB-74)

  • Margaret Twomey — elementary, MarathonFraser rating 4.6/10
  • Marathon — secondary, MarathonFraser rating 3.5/10
  • Holy Saviour — elementary, MarathonFraser rating 0.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2 WHITMAN COURT