238 May Street S, Thunder Bay, Ontario
$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. (id:56241)
- Listing ID: TB250050
- Property Type: Multi-family
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Listing provided by CENTURY 21 SUPERIOR REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 238 May Street S in Thunder Bay Ontario. It was last modified on January 9th, 2025. Contact us to schedule a viewing or to discover other Thunder Bay real estate for sale.