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447 Oliver Road, Thunder Bay - $499,900
This well-kept fully rented 4-plex with a small
commercial unit on a main arterial street, is now available for sale and
offers an excellent investment opportunity. The property boasts numerous
updates, including five new electrical panels installed two years ago
and all-new interconnected smoke alarms for enhanced safety. The
commercial roof was replaced six years ago, and the main roof 18 years
ago. A new hot water gas boiler and chimney were upgraded six years ago,
while some windows were updated eight years ago. All bathrooms feature
low flush toilets installed three years ago, and apartments 1, 2, and 4
have new vanities updated four years ago. Additionally, new laminate
flooring was laid in apartments 1, 2, and 4 within the last one to three
years. The hot water tank, owned by the property, was replaced six years
ago. With its blend of modern amenities and solid infrastructure, this
property represents a turnkey solution, making it an attractive and
reliable investment. Don't miss out on this exceptional
opportunity?contact us today for more details!
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Age
50+ yrs |
Apartments Apt A
- 1 br
Apt B - 1 br
owners residence - 2 brs
Commercial space |
Sq Footage 3000
approx. |
Facilities 3 apts
coin-op laundry commercial unit
patio
paved rear parking lot
front double parking for apts
separate hydro meters for all units
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Access Municipal
road
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Parking rear
paved parking front driveway - fits up to 2 cars |
Area
Walking distance to University
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Taxes
$5500/yr approx. |
Lot Size
33 ft x 118 ft
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Heat Type
Hot Water Gas on demand
boiler updated 4 yrs ago approx. |
Chattels Included
3 fridges, 3 stoves 10 small washers, 5 large washers, 12
dryers (doubled stacked), 4 washers & dryers (not functioning). |
Updates & Extras
updated electrical service coming in and updated separate meters,
hot water on demand boiler system, owned hot water tanks
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