230 Vickers Street South. Always reach out privately to avoid yourself (the buyer) paying thousands in commission costs to purchase. Email email@example.com to arrange your private viewing today!
10+ Secure Unit Complex; High End, Completely Updated! ATTENTION INVESTORS! 10 fully renovated apartment units fully rented at an annual income of over $160,000 with potential for more! NEW kitchens and NEW bathrooms in all units! PLUS an extra live-in management studio, office, storage & coin-op laundry! With an attractive all-brick exterior, extensive security, parking lot, and several updates throughout, iFind Thunder Bay has unlocked an amazing 10+ unit investment property for sale by owner at 230 Vickers Street South in historic Fort William! Within walking distance to gorgeous Vicker’s Park, local amenities, schools, libraries, museums & more! This 2 story horse shoe shaped apartment building offers 2 front entrances with FOB entry, security camera with APEX monitoring & 2-4-7 tenant access to cameras for maximum safety! The centre of the building includes a common area with laundry (2 sets of coin-op washer/dryers) 6 tenant lockers plus the office/maintenance room, storage & furnace room. Your main level hosts 2 single bedroom units and 2-two bedroom units! Your upper level includes 2 single bedroom units and 2-two bedroom units! The lower level units include full windows with 2-two bedroom units on one side and the management’s studio! All apartments have been totally renovated including NEW kitchens (with appliances!) NEW bathrooms, paint, trim flooring, fixtures & more! Commercial grade non-slip flooring in your common areas – quality to last! Several key investments & features:
ALL 75 windows updated included oversized granite window sills for plants, (all blinds included) Updated roofing 2015 Commercial grade rubber flooring hallways & stairways Extensive security: FOB entry, APEX monitored building, 4 security cameras, 2 infrared cameras cover parking lot with bright lights, camera monitored laundry area, office & storage units All tenants have 24/7 access to camera system via Hik-connect app to allow for safe guest entry NEW boiler system ($20,000 investment) provides water & heat for the entire building 2 gas furnaces (1 spare) Separate hydro metres all units – tenant paid ALL doors professionally painted with black high sheen paint & sealed for longevity NEW LED lighting throughout 7 parking spots w/ plugs @ back, + city parking at front offered at $10/year ALL units fully remodelled over 3.5 years including NEW kitchen cabinets, countertops, backsplash & appliances! NEW bathrooms & tub/shower surrounds 9 of the units have porcelain flooring running from the hallways into the kitchen and the bathroom, up the wall behind and on the side walls in units with showers only
Set up to earn, fully remodelled & updated in an attractive location, make a great investment in this multi-unit property currently earning $13500 monthly with huge potential for higher returns! Offered at $1,650,000 with annual taxes approx $21,000. Reach out privately to maximize your offer!