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 | TB2600129 |
| Property Type | Single Family |
| Community Name | Thunder Bay |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
| Features | Balcony, Crushed Stone Driveway |
| Storage Type | Storage Shed |
| Structure | Shed |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Age | Over 26 Years |
| Appliances | Stove, Dryer, Refrigerator, Washer |
| Architectural Style | Character |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Construction Style Attachment | Detached |
| Exterior Finish | Siding |
| Flooring Type | Hardwood |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,149 Ft2 |
| Utility Water | Municipal Water |
| No Garage | |
| Gravel |
| Access Type | Road Access |
| Acreage | No |
| Fence Type | Fenced Yard |
| Sewer | Sanitary Sewer |
| Size Depth | 125 Ft |
| Size Frontage | 33.0000 |
| Size Total Text | Under 1/2 Acre |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 11.5 x 8.3 | ||
| Second Level | Bedroom | 11.11 x 8.11 | ||
| Second Level | Bedroom | 10.7 x 8.0 | ||
| Second Level | Living Room | 11.11 x 10.2 | ||
| Second Level | Bathroom | 4 PCE | ||
| Third Level | Kitchen | 10.10 x 6.6 | ||
| Third Level | Bedroom | 17.0 x 9.6 | ||
| Third Level | Bathroom | 4 PCE | ||
| Basement | Bathroom | 4 PCE | ||
| Main Level | Living Room | 11.8 x 11.8 | ||
| Main Level | Primary Bedroom | 11.10 x 11.1 | ||
| Main Level | Kitchen | 14.2 x 9.0 | ||
| Main Level | Dining Room | 14.2 x 13.0 | ||
| Main Level | Bedroom | 14.11 x 9.1 | ||
| Main Level | Bathroom | 4 PCE |
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29291124/507-van-norman-st-thunder-bay-thunder-bay
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(807) 623-4455
(807) 623-9435
(807) 623-9435
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