200 Rowand ST Active

Thunder Bay,ON P7C2P4

$ 649900

- Bed

- Bath

2720 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $238

Subdivision Thunder Bay

MLS Listing ID TB250161

Originating Board Thunder Bay Real Estate Board

Property Description

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:24570)

Location

Province ON

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

View More
Favorite Go Tour