238 May Street S

Thunder Bay, Ontario, P7E1B4, Canada

$699,900

20-unit apartment building on main artery - Exceptional investment opportunity! This 20-unit apartment building, ideally situated on a main artery, is a rare opportunity for investors seeking a property with excellent income potential. The building features high ceilings throughout, wide hallways, hardwood flooring, some original woodwork, adding character and spaciousness to every unit. Comprised of 14 one-bedroom and 6 bachelor units, the property is equipped with separate hydro meters, offering convenience for tenants and ease of management for owners, the boiler (steam heat) has been replaced within the last 5 years, ensuring efficient heating and reduced maintenance costs. Recent fire & electrical inspections have been completed. With its prime location and solid infrastructure, this building is perfect for long-term rental income in a high-demand area. Don't miss out on this lucrative investment - contact today for more details. Visit www.century21superior.com for more info and pics.

Last updated on : Friday 10th of January 2025 10:25:21 AM

ADDRESS

Street : 238 May Street S

City : Thunder Bay

Province : Ontario

Country : Canada

Postal Code : P7E1B4

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PROPERTY SUMMARY

Property ID : TB250050

Building Type : Multi-Family

Property Type : Multi-family

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