200 Rowand St Thunder Bay, Ontario P7C 2P4
$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:50886)
Property Details
| MLS® Number | TB250161 |
| Property Type | Multi-family |
| Community Name | Thunder Bay |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
Building
| Age | Over 26 Years |
| Basement Type | Full |
| Exterior Finish | Brick, Siding, Stucco |
| Foundation Type | Concrete Perimeter |
| Heating Type | Boiler |
| Stories Total | 3 |
| Size Interior | 2,720 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
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/27848701/200-rowand-st-thunder-bay-thunder-bay
Contact Us
Contact us for more information
Johnny Avella
Salesperson
1141 Barton St
Thunder Bay, Ontario P7B 5N3
(807) 623-5011
(807) 623-3056
WWW.ROYALLEPAGETHUNDERBAY.COM
Enzo Ruberto
Salesperson
1141 Barton St
Thunder Bay, Ontario P7B 5N3
(807) 623-5011
(807) 623-3056
WWW.ROYALLEPAGETHUNDERBAY.COM
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February 03 2025 09:57:03
Thunder Bay Real Estate Board
Royal LePage Lannon Realty