397 Empire Ave, Thunder Bay, Ontario P7E 4S3

Listed for:
$1,490,000
0 beds
0 baths
Listed 14 days ago
Multi-Family for rent: 397 Empire Ave, Thunder Bay, Ontario P7E 4S3

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About

Corner of Sprague and Empire PREMIER INVESTMENT OPPORTUNITY: BRAND NEW, FULLY RENTED 4-PLEX! Secure your future with this turn-key investment property—a stunning, newly constructed 4-plex in a quiet, highly desirable pocket of Westfort. This property is built to attract and retain quality tenants, boasting superior construction including an ICF basement for unmatched efficiency. Each of the four currently rented units offers 2 bedrooms, premium features like granite countertops, open-concept living, in-suite laundry, individual heating systems, hot water on demand, and separate entrances and driveways. Its prime location offers residents walkable access to bus routes, schools, parks, and Westfort Village amenities. With all four units currently rented, this is a rare chance to acquire a fully stabilized income property providing immediate, stable cash flow. Don't miss out on this low-risk, high-return asset; contact me today for the full investment package.(PICTURES ARE BEFORE TENANTED - All units have the same quality with different finishings for both 397 and 401 Empire) (Adjacent 4plex also for sale) Apt A - $2250; Apt B - $2450; Apt C - $2150. Apt D - $2250 - All rents plus Heat and Hydro. (id:27476)

Property Highlights

MLS® Number
TB2600300
Type
Multi-family
Community Name
Thunder Bay
Land Size
under 1/2 acre

Building

Building Type
Multi-Family
Square Footage
4824 sqft
Amenities
Laundry Facility
Exterior Finish
Aluminum siding, Other, Vinyl
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
Air exchanger

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE LANNON REALTY
MLS® number:
TB2600300
Agent:
Becky Forester
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