💥Income Earner Sold In Days💥 The University area is a highly sought after location for local and out of town real estate investors. This was purchased by a seasoned real estate investor who knows the value and potential in a property like this! If you’re new to the real estate game and are looking for advice around income properties, reach out! We’ve had investors as far as Europe contact us! Pay your mortgage, pay yourself! 💲🔄🏡This 2 unit investment property has the potential to earn over💥$3500💥per month▶️as is◀️and plenty more with a 3rd unit potential! Rentals in the area earn higher than its current income! Within walking distance to Lakehead University on a large approx 52×200 ft lot complete with lots of parking space and a 24×26 ft wired garage providing additional rental income potential! IFind Thunder Bay has unlocked🔐another great piece of real estate for sale by owner at 1441 Balmoral Street! The main floor currently rents for $1650 monthly with 3 bedrooms, a large office space with gas fireplace🔥(which could convert to a 4th bedroom), a large bathroom with jacuzzi💦tub and stand alone shower! This unit also boasts a spacious front entrance, xl dining (could convert to a 5th bedroom!) living room, and eat-in kitchen with custom oak cabinets. The second unit, renting at $1200 monthly has 2 bedrooms and 1 bathroom with jacuzzi tub, a large living area, eat-in kitchen with custom oak and plenty of storage! The lower level also features space for a 3rd unit with a half bath already in place!👍🏻
With many investments including:
☑️ updated furnace, A/C and 2 hot water tanks
☑️ water direct meter (no recording readings!)
☑️ roof (2013)
☑️ paint and flooring (2013)
and reasonable taxes for an income property at approx $3800, your income earning potential awaits at a listing price of $325,000! Whether you’re a seasoned landlord or are looking to begin this one has it all! Call 355-0133 if interested.

Property Features

  • 2 Units Potential For 3
  • Excellent Income Earner
  • Large Detached Garage
  • Large Lot
  • Updates
  • Walk To University

    Location