LOADING

200 Rowand St Thunder Bay, Ontario P7C 2P4

2720 sqft
Boiler

$649,900

8 PLEX Solid Brick Multi-Family investment Property. 1300sf x3 flr. NEWLY RENOVATED 2021. Professionally Managed. CASH RENTAL INCOME Unit#8-$975, #7-$630, #6-$1150, #5-$630, #4-$1100, #3-$776, #2-$1000, #1-$1125->Total Monthly Rent **$7,386/m TOTAL ANNUAL RENT**$88,632 per Year*** NET INCOME $58,633.48-> 9.02% CAP RATE ->Property has been partially renovated and is ready to lease for new owner. 1-2Brm. 2-1Brm & 5 Bachelor. BUILDING IS ALMOST COMPLETELY RETROFITTED in 2021 (See Photos). (id:58361)

Property Details

MLS® Number TB250161
Property Type Multi-family
Neigbourhood Fort William
Community Name Thunder Bay
CommunicationType High Speed Internet
CommunityFeatures Bus Route

Building

Age Over 26 Years
BasementType Full
ExteriorFinish Brick, Siding, Stucco
FoundationType Concrete Perimeter
HeatingType Boiler
StoriesTotal 3
SizeInterior 2720 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
Sewer Municipal Sewage System
SizeFrontage 25.0000
SizeTotalText Under 1/2 Acre

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/27848701/200-rowand-st-thunder-bay-thunder-bay

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