Realty Pro Listings: TB250161
- Details
- Features
- Specifications
- Room Sizes
- Price:629000.00
- MLS #: TB250161
- Type: Multi-Family
- AgentId: 2160150
- Address: 200 Rowand ST
- City: Thunder Bay
- Prov.: Ontario
- PostalCode: P7C2P4
- Country: Canada
- Neighbourhood:
- Fireplace:No
- Acreage:Yes
MSL#: TB250161
200 Rowand ST, Thunder Bay
Ontario
Ontario
$629000.00
***8 PLEX***9 % CAP RATE***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% 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:7303)