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Home ON Greater Thunder Bay Thunder Bay Simpson-Ogden
200 Rowand ST
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200 Rowand ST $649,900
$649,900
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200 Rowand ST
Thunder Bay, Ontario P7C2P4

MLS® Number: TB250161

Listing Description

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). (28098862)

Location Description

Corner of Rowand Street and McKenzie Street

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
2.5
Community Name
Thunder Bay
Land Size
under 1/2 acre
Age Of Building
over 26 years
Annual Property Taxes
$13,220.04
Time on REALTOR.ca
57 days

Building

Interior Features
Basement Type
Full
Building Features
Foundation Type
Concrete Perimeter
Heating & Cooling
Heating Type
Boiler
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Siding, Stucco
Neighbourhood Features
Community Features
Bus Route

Measurements

Square Footage
2720 sqft

Land

Lot Features
Frontage
25
Other Property Information
Access
Road access
Data provided by: Thunder Bay Real Estate Board 1135 Barton Street, Thunder Bay, Ontario P7B 5N3

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