1012 Victoria AVE E, Thunder Bay, ON P7C1B6
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1012 Victoria AVE E, Thunder Bay, ON P7C1B6
1012 Victoria AVE E, Thunder Bay, ON P7C1B6
1012 Victoria AVE E, Thunder Bay, ON P7C1B6
1012 Victoria AVE E, Thunder Bay, ON P7C1B6
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$ 419,000
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1012 Victoria AVE E Thunder Bay, ON P7C1B6

3,920 Sqft Lot


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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Thunder Bay

MLS® Listing ID TB2602295

Lot Size 3,920 Sqft

Acres 0.09

Property Description

5 UNIT INVESTMENT PROPERTY***CASH COW***Current Gross Rent $54,996/y + One Vacant Unit($1500) POTENTIAL for $70k+/y). Well-maintained mixed-use investment property featuring a 4-plex plus a small commercial unit on a high-visibility main arterial street. Current rents: Commercial $800/m+hydro. Apt 1 vacant/demolished (prev. $1,127.50). Apt 2 $893/m+hydro. Apt 3 $1,250/m+hydro. Apt 4 $1,640/m+ hydro; Coin-op laundry+ storage in basement (2 entrances). No basement under commercial. 3 parking. 5 Updated Panels 2021*New Interconnected Smoke Alarms* Commercial Roof 2018 *Main Roof 2006* Boiler 2018*Chimney 2018*Windows-Some 2017*New Vanities 2020* Flooring 2021*Hot Water Tank(Owned)2018. Coin-Op Laundry & Storage in Basement wth 2 Entrances. SOLID INVESTMENT OPPORTUNITY***CALL FOR INFO*** With Separate Hydro Meters & Clear Upside Through Renovation & Repositioning, Excellent Opportunity, PERFECT Investor EXCELLENT CASH FLOW* LONG TERM GROWTH***CALL FOR INFO*** (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Boiler

Exterior

Parking Features No

Fence Fenced yard

Community Features Bus Route

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system


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Listed by ROYAL LEPAGE LANNON REALTY

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Frank Zanatta
Frank Zanatta

Agent License ID: 5027528

+1(807) 251-2071

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1012 Victoria AVE E