16 Johnson Ave Thunder Bay, Ontario P7B 2V7

1,170 ft2
Forced Air

$249,900

**Legal Duplex – Fully Tenanted & Priced to Sell!** Excellent investment opportunity in Thunder Bay. This fully rented legal duplex offers two spacious units: the main floor rents for \$800/month and the upper for \$850/month – tenants pay their own heat and hydro and maintain yard. Numerous upgrades including new shingles (2024), back stairs, and breaker panel. Full basement with bonus bedroom, laundry, and utility space. Landlord only pays water, insurance, and taxes. Gross income of $19,800/year with a net operating income of $16,603. Features an older garage for added value. Immediate possession available. Don't miss this cash-flowing property in a desirable location. (id:58361)

Property Details

MLS® Number TB251285
Property Type Multi-family
Neigbourhood Port Arthur
Community Name Thunder Bay
Communication Type High Speed Internet
Community Features Bus Route

Building

Amenities Laundry Facility
Basement Type Full
Constructed Date 1926
Exterior Finish Siding, Stucco, Wood
Foundation Type Concrete Perimeter
Heating Type Forced Air
Stories Total 2
Size Interior 1,170 Ft2
Type Duplex
Utility Water Municipal Water

Parking

Rear

Land

Access Type Road Access
Acreage No
Fence Type Fenced Yard
Sewer Municipal Sewage System
Size Frontage 33.0000
Size Total Text Under 1/2 Acre

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/28345543/16-johnson-ave-thunder-bay-thunder-bay

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