16 JOHNSON AVE

Thunder Bay, , P7B2V7, Canada

$249,900

**Legal Duplex – Fully Tenanted & Priced to Sell!** Excellent investment opportunity in Thunder Bay. This fully rented legal duplex offers two spacious units: the main floor rents for $800/month and the upper for $850/month – tenants pay their own heat and hydro and maintain yard. Numerous upgrades including new shingles (2024), back stairs, and breaker panel. Full basement with bonus bedroom, laundry, and utility space. Landlord only pays water, insurance, and taxes. Gross income of $19,800/year with a net operating income of $16,603. Features an older garage for added value. Immediate possession available. Don't miss this cash-flowing property in a desirable location.

Last updated on : Sunday 15th of June 2025 08:00:00 PM

ADDRESS

Street : 16 JOHNSON AVE

City : Thunder Bay

Country : Canada

Postal Code : P7B2V7

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PROPERTY SUMMARY

Property ID : TB251285

Building Type : Duplex

Property Type : Multi-family

Parking Type: Rear

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