1012 Victoria Avenue

For Sale
4.50 BTC
1012 Victoria Avenue, Thunder Bay
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
1012 Victoria Avenue
-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***
Property Features
Fenced Yard, Other, Other
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
Listing contracted with Royal Lepage Lannon Realty
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