$464,900

House For Sale In Birchwood Heights, Thunder Bay, Ontario

$464,900

Property Information:

NEW LISTING! Welcome To 12 Gordon Ave, A Fantastic Triplex Located In The Desirable Port Arthur Shuniah Neighborhood Of Thunder Bay. This Property Features Two Spacious Two-Bedroom Units And One Three-Bedroom Unit, Offering A Prime Opportunity For Cash Flow. Start Your Investment Journey Or Add This Gem To Your Portfolio With Confidence. The Property Is Clean, Well-Maintained, And Currently Managed Through Grove Property Management Rentals (Rent Panda), Ensuring A Hassle-Free Ownership Experience. Situated On A Large Lot, The Property Boasts Lots Of Updates Including Updated Shingles, Some Electrical And Plumbing Work, Fresh Paint, And Much More! One Unit Is Vacant And Ready For You To Place Your Own Tenants, Or You Can Choose To Live In One Unit And Rent Out The Others To Cover Your Mortgage. With An Impressive 8% Cap Rate And Generating 48k In Gross Rent, This Property Promises Excellent Returns. The Good Tenants, Bright Windows, And Two Large Storage Sheds Add To The Appeal. Don’t Miss Out On This Incredible Investment Opportunity! Call For More Info Or Visit www.katepasinelli.com For More Details!

Property Features:

  • Annual Tax Amount: $3,879
  • Access: Municipal Road
  • Basement: Full Basement
  • Driveway Details: Gravel
  • Exterior Finish: Stucco
  • Foundation: Block
  • Heating Source: Hot Water, Natural Gas
  • Lot Depth: 100.00 Feet
  • Lot Frontage: 54.9 Feet
  • Property Features: Fenced Yard, Laundry Facility, Storage Shed
  • Property Size: 0.0 - 0.49 Acres
  • Roof Type: Asphalt, Shingle
  • Services Available: Bus Service, Cable, Garbage PickUp, High Speed Internet, Hydro, Natural Gas, Street Lights, Telephone
  • Sewer/Septic: Sewer
  • Water/Well: Municipal Water
  • Zoning: UL
  • Heating Type: Boiler

Courtesy of: RE/MAX FIRST CHOICE REALTY LTD.

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