$475,000
This is a fantastic investment opportunity with a fully occupied 5-unit apartment building. The property features five spacious, purpose built 1-bedroom, 1-bathroom apartments, with separate utility meters for electric and gas and their own hot water tanks, ensuring low landlord expenses and hassle-free management. The building is fully occupied, providing stable rental income. It has been well-maintained with many recent updates. Located close to downtown, public transit, and local amenities. It sits on a full, unfinished basement and includes some off street parking. One of the apartments features a huge, South facing, rooftop patio! This turnkey property is perfect for both seasoned investors and those looking to enter the multi-family market, with strong cash flow potential. (id:58361)
Property Details
|
MLS® Number
|
TB253278 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Fort William |
|
Community Name
|
Thunder Bay |
|
Communication Type
|
High Speed Internet |
|
Community Features
|
Bus Route |
|
Features
|
Balcony |
Building
|
Age
|
Over 26 Years |
|
Basement Type
|
Full |
|
Exterior Finish
|
Vinyl |
|
Foundation Type
|
Concrete Perimeter |
|
Stories Total
|
2 |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
25.0000 |
|
Size Total Text
|
Under 1/2 Acre |
Utilities
|
Cable
|
Available |
|
Electricity
|
Available |
|
Natural Gas
|
Available |
|
Telephone
|
Available |
https://www.realtor.ca/real-estate/29015127/216-leith-thunder-bay-thunder-bay
