200 Rowand St
Thunder Bay, Ontario P7C 2P4
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:39567)
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 | 2720 Sqft |
| 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 |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 03 2025 09:57:03
Thunder Bay Real Estate Board
Royal LePage Lannon Realty