238 May Street S Thunder Bay, Ontario P7E 1B4

Boiler

$699,900

20-unit apartment building on main artery - Exceptional investment opportunity! This 20-unit apartment building, ideally situated on a main artery, is a rare opportunity for investors seeking a property with excellent income potential. The building features high ceilings throughout, wide hallways, hardwood flooring, some original woodwork, adding character and spaciousness to every unit. Comprised of 14 one-bedroom and 6 bachelor units, the property is equipped with separate hydro meters, offering convenience for tenants and ease of management for owners, the boiler (steam heat) has been replaced within the last 5 years, ensuring efficient heating and reduced maintenance costs. Recent fire & electrical inspections have been completed. With its prime location and solid infrastructure, this building is perfect for long-term rental income in a high-demand area. Don't miss out on this lucrative investment - contact today for more details. Visit www.century21superior.com for more info and pics. (id:56069)

Property Details

MLS® Number TB250050
Property Type Multi-family
Neigbourhood Fort William
Community Name Thunder Bay
Communication Type High Speed Internet
Community Features Bus Route
Storage Type Storage Shed
Structure Workshop

Building

Age Over 26 Years
Basement Type Full
Exterior Finish Brick
Foundation Type Concrete Perimeter
Heating Type Boiler
Stories Total 3
Type Multi-family
Utility Water Municipal Water

Parking

Rear

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 51.0000
Size Total Text Under 1/2 Acre

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/27785586/238-may-street-s-thunder-bay-thunder-bay

Contact Us

Contact us for more information

Generating Captcha

Wendy Ferris
Salesperson

(807) 624-8452
www.century21superior.com/

Century 21 Superior Realty Inc.
68 Algoma St. N. Suite 101
Thunder Bay, P7A 4Z3

(807) 766-2221
(807) 767-0021
WWW.CENTURY21SUPERIOR.COM

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