1012 Victoria Avenue
McKeller Park, Thunder Bay, P7C 1B6
For Sale
4.50 BTC
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-1
BEDROOMS -1
BATHROOMS -1
KITCHENS 0
ROOMS X13656800
MLSID Contact Us
Property Description
5 UNIT INVESTMENT PROPERTY***CASH COW***Current Gross Rent $54,996/y + One Vacant Unit($1500) POTENTIAL for $70k+/y). Well-maintained mixed-use investment property featuring a 4-plex plus a small commercial unit on a high-visibility main arterial street. Current rents: Commercial $800/m+hydro. Apt 1 vacant/demolished (prev. $1,127.50). Apt 2 $893/m+hydro. Apt 3 $1,250/m+hydro. Apt 4 $1,640/m+ hydro; Coin-op laundry+ storage in basement (2 entrances). No basement under commercial. 3 parking. 5 Updated Panels 2021*New Interconnected Smoke Alarms* Commercial Roof 2018 *Main Roof 2006* Boiler 2018*Chimney 2018*Windows-Some 2017*New Vanities 2020* Flooring 2021*Hot Water Tank(Owned)2018. Coin-Op Laundry & Storage in Basement wth 2 Entrances. SOLID INVESTMENT OPPORTUNITY***CALL FOR INFO*** With Separate Hydro Meters & Clear Upside Through Renovation & Repositioning, Excellent Opportunity, PERFECT Investor EXCELLENT CASH FLOW* LONG TERM GROWTH***CALL FOR INFO***
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Property Features
Fenced Yard, Other, Other
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Property Details
Property Type
Multiplex
Lot Size
33' x 118'
Acreage
0.1 Feet
Taxes
$3,984 (2025)
Basement
Other
Heat Type
Other
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Royal Lepage Lannon Realty
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