16 Johnson AVE new

Thunder Bay,ON P7B2V7

$ 249900

- Bed

- Bath

1170 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,170 sqft

Price per Sqft $213

Subdivision Thunder Bay

MLS Listing ID TB251285

Year Built 1926

Source Thunder Bay Real Estate Board

Property Description

**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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Exterior

Parking Features No

Fence Fenced yard

Community Features Bus Route

View Y/N No

Private Pool No

Building

Story 2

Sewer Municipal sewage system

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