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Home ON Greater Thunder Bay Thunder Bay District Thunder Bay Simpson-Ogden
216 Leith
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216 Leith $475,000
$475,000
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216 Leith
Thunder Bay, Ontario P7C1M8

MLS® Number: TB253278

Listing Description

This is a fantastic investment opportunity with a fully occupied 5-unit apartment building. The property features five spacious, purpose built 1-bedroom, 1-bathroom apartments, with separate utility meters for electric and gas and their own hot water tanks, ensuring low landlord expenses and hassle-free management. The building is fully occupied, providing stable rental income. It has been well-maintained with many recent updates. Located close to downtown, public transit, and local amenities. It sits on a full, unfinished basement and includes some off street parking. One of the apartments features a huge, South facing, rooftop patio! This turnkey property is perfect for both seasoned investors and those looking to enter the multi-family market, with strong cash flow potential. (29268405)

Location Description

Leith St. Between May and Simpson.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
2
Community Name
Thunder Bay
Land Size
under 1/2 acre
Age Of Building
over 26 years
Annual Property Taxes
$3,007.21
Parking Type
Gravel
Time on REALTOR.ca
55 days

Building

Interior Features
Basement Type
Full
Building Features
Features
Balcony
Foundation Type
Concrete Perimeter
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
Vinyl
Neighbourhood Features
Community Features
Bus Route
Parking
Parking Type
Gravel

Land

Lot Features
Frontage
25
Other Property Information
Access
Road access
Data provided by: Thunder Bay Real Estate Board
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