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711 Ridgeway Street E, Thunder Bay, ON P7E 5H3

$415,000

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List Price: $415,000
MLS#: X13687188
Status: ACTIVE
Type: Multifamily
SubType: Multiplex
Province: ON
Municipality: Thunder Bay
Area: Thunder Bay
Neighborhood: Hyde Park
Subdivision: Off Archibald St. (Corner Of Archibald And Ridgeway)

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Property Description

New Listing! Attention investors! This fully tenanted income property is an exceptional opportunity to add a cash-flowing asset to your portfolio. Featuring three self-contained rental units, this property offers multiple income streams with the convenience of professional property management already in place. The main floor features a spacious 2-bedroom, 1-bathroom unit, while the second-floor unit offers 2 bedrooms, 1 bathroom, a cozy gas fireplace, and a massive private deck that adds tremendous tenant appeal. The third floor is a self-contained bachelor suite, completing this versatile triplex. Adding even more value, the property includes a large garage that is separately rented, creating an additional source of income. With all units and the garage currently rented, this is a true turnkey investment. Whether you're looking to expand your portfolio or purchase your first investment property, this is an opportunity you won't want to miss. Contact me today to book your private showing.

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Additional Information

Taxes: $5,451
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Exterior: Other
Garage Type: None
Pool: None
Parking Type: Other