• Type: Investment
  • Age: 51-99 years
  • Days Listed: 214
  • Last Updated: 5 months ago

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Rafal Starmach, Sales Representative

Rafal Starmach

Sales Representative at Right at Home Realty, Brokerage

  Yes 

Description

*Attention Investors* 12% Cap Rate* Turn Key* 22 Rental Units- Good Mix Of Commercial / Residential - 15 Residential Units + 7 Commercial Units - Income Property Generating Excellent Net Operating Income. Two Buildings, Solar Panels + Parking Lot Included. List Of Upgrades. 400 Amp-2007, Electric-2014, 3 Furnaces+ Boilers- 2015-2006, Windows 2008, Roof 2005, Fire Alarm 2012, Back Flow Preventor 2015, Professional Property Management In Place.

Extras

*Attention Investors* 12% Cap Rate* - Professionally Managed- Fully Leased - Completely Updated* Turn Key* 22 Rental Units 7 Commercial + 15 Residential **Interboard Listing: Thunder Bay Real Estate Board**

Features

Facts
Type:Investment
Age:51-99 years
Type:U.
Property Type:CommercialProperty
Taxes:22629.71
Zoning:C5 Central Busin
Days On Market:56
Listed by:ROYAL LEPAGE LANNON REALTY INC., BROKERAGE
Age:51-99
MLS®#:X4656075
Property Type:Investment
Type:Apts-13 To 20 Units
Property Type:Apartment
Property
Status:Sale
Type:U.
Type:Apts-13 To 20 Units
Property Type:CommercialProperty
Property Type:Investment
Property Type:Apartment
Age:51-99
Net Income:115866
Availability Date:Immediate
Inside
Air Conditioning:Part
Building
Basement:Y
Heat Type:Gas Hot Water
Elevator:None
Freestanding:Y
Water Supply:Municipal
Parking
Garage Type:Reserved/Assignd
Covered Parking Spaces:20
Fees
Tax Year:2019
Tax Legal Description:Pt Lt 56 W/S May St Pl W123 Neebing Additional As
Taxes:22629.71
Expenses:Act
Operating Fees:102728
Taxes Type:Annual
Tax Year:2019
Land
Cross Street:May St S & Victoria
Municipality District:Thunder Bay
Parcel Number:620740075
Sewer:San+Storm
Lot Depth:100
Lot Frontage:126
Lot Size Units:Feet
Zoning:C5 Central Busin
Municipality:Thunder Bay
Municipality District:Thunder Bay
Shipping Doors
Clearing Height (ft):8
Commercial Specific
Retail Area:15000
Retail Area Metric:Sq Ft
Sprinklers:N
Total Area:30000
Total Area Metric:Sq Ft
Office Size:15000
Office Size Metric:Sq Ft
Lot Code:Building
Soil Test:N
Gross Income/Sales:218594
Utilities
Utilities:Y
$944,200 - for Sale - MLS#: X4656075  

This investment property at 111-121 May Street South, Thunder Bay, P7E1A9 is currently for sale for $944,200. This property has been listed on Home.ca for 31 weeks and can be financed with an estimated mortgage of $3,199 per month*. Yearly property taxes for this home are approximately $22,630.

111-121 May Street South is a Investment home. The home's closest main intersection is May St S & Victoria . The lot dimensions of this property are 126 x 100 Feet. The property is located in the Thunder Bay neighbourhood in the city of Thunder Bay, in the regional municipality of Thunder Bay. Nearby neighbourhoods are .

This home is 51-99 years old. .

This home has a y basement. The garage is reserved/assignd. The property has part for air conditioning.

Date of possession for this property is Immediate. This home was listed by ROYAL LEPAGE LANNON REALTY INC., BROKERAGE according to MLS® Reciprocity.

Elementary Schools

McKellar Park Central Public School

JK-8, Public, 0.50 km

St Jude Catholic Elementary School

JK-6, Catholic, 1.19 km

Pope John Paul II Elementary School

7-8, Catholic, 0.87 km

Ogden Community Public School

JK-8, Public, 1.14 km

St Elizabeth Catholic Elementary School

JK-6, Catholic, 1.59 km

Hyde Park Public School

JK-3, Public, 1.92 km

Secondary Schools

St Patrick High School

9-12, Catholic, 1.43 km

TB Catholic Alternative Education

9-12, Catholic, 1.47 km

Lakehead Alternative School

9-12, Public, 1.79 km

Sir Winston Churchill Collegiate and Vocational Institute

9-12, Public, 2.80 km

Westgate Collegiate and Vocational Institute

9-12, Public, 3.55 km

Hammarskjold High School

9-12, Public, 6.60 km

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For property value of $944,200 and downpayment of 20% ($188,840), your mortgage will be $3,198.58