Solid income-producing 2.5-storey character property in the sought-after College Heights neighbourhood, offering four legal rental units and a strong cap rate. This investment property features a basement unit with separate entrance, a newly rebuilt two-storey front deck, and all appliances included. The property has recently passed a fire inspection and is partially tenanted with reliable, long-term tenants in place, providing immediate cash flow. Conveniently located near grocery stores, County Fair Mall, Lakehead University, and Downtown Thunder Bay, this asset benefits from consistent rental demand and excellent return on investment. (id:26231)
| MLS® Number | TB2600124 |
| Property Type | Multi-family |
| Community Name | Thunder Bay |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
| Features | Balcony |
| Storage Type | Storage Shed |
| Structure | Workshop |
| Age | Over 26 Years |
| Basement Type | Full |
| Exterior Finish | Siding |
| Fire Protection | Sprinkler System-fire |
| Heating Type | Forced Air |
| Size Interior | 2,149 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Gravel | |
| Rear |
| Access Type | Road Access |
| Acreage | No |
| Fence Type | Fenced Yard |
| Sewer | Municipal Sewage System |
| Size Frontage | 33.0000 |
| Size Total Text | Under 1/2 Acre |
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29289923/507-van-norman-st-thunder-bay-thunder-bay
Contact us for more information
(807) 623-4455
(807) 623-9435
(807) 623-9435
WWW.BELLUZ.COM
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