ON > Thunder Bay > Thunder Bay
Thunder Bay, ON P7C2P4,200 Rowand ST
Thunder Bay, ON P7C2P4,200 Rowand ST
Thunder Bay, ON P7C2P4,200 Rowand ST
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$629,000
Est. payment /mo
2,720 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $231

Subdivision Thunder Bay

MLS® Listing ID TB250161

Originating Board Thunder Bay Real Estate Board

Property Description

***8 PLEX***9 % CAP RATE***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% 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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Boiler

Exterior

Parking Features No

Community Features Bus Route

View Y/N No

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

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Listed by ROYAL LEPAGE LANNON REALTY

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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