238 May Street S, Thunder Bay, Ontario

$699,900

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About 238 May Street S

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:36535)

Features of 238 May Street S

Listing # TB250050
Price $699,900
Bathrooms 0.00
Acres 0.00
Type Multi-family

Community Information

Address 238 May Street S
Subdivision Thunder Bay
City Thunder Bay
Province Ontario
Postal Code P7E1B4

Amenities

Utilities Cable, Electricity, Natural Gas, Telephone
Parking Rear
Is Waterfront No
Has Pool No

Interior

Heating Boiler
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Brick
Foundation Concrete Perimeter

Listing Details

OfficeCourtesy Of WENDY FERRIS Of CENTURY 21 SUPERIOR REALTY INC.

Listing Map