160-166 THIRD STREET W, Fort Frances (TB-401)

$395,900

For sale: Multiplex

Multiplex at 160-166 THIRD STREET W, Fort Frances (TB-401)
Property type
Multiplex
MLS®
MLS® X13707918
Neighbourhood
TB-401

INCOME EARNER! Excellent opportunity to invest in a well-maintained multi-family residential complex, centrally located right in Fort Frances! 5 self-contained residential apartment units make up this well-maintained property, currently fully tenant-occupied and generating great monthly cash flow. Low-maintenance exterior including metal roofing, mostly updated windows and minimal grass for cutting to keep regular upkeep to a minimum while maintaining Tenant comfort, weekly garbage pickup provided by the Municipality! 4 main-floor apartment units, each with individual kitchens, bathrooms and varying bedroom counts have been well-appointed and include laundry hookups together with 1 basement unit. Central heating including natural gas f/a heat in two units, baseboard hot-water heating with boiler for the remainder. All hot water tanks are electric, owned & various plumbing & electrical upgrades & improvements have been completed throughout the years! Attached 1-car garage is available for owner OR tenant storage. Have you been waiting for the right real estate investment opportunity to come along? Here is is! Call for your private viewing appointment today.

Sold data

Homes in Fort Frances (TB-401) — recent sold market

Homes in Fort Frances (TB-401) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 44, across 30 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.

The median sale price was $267,000.

Sellers typically achieved close to their full asking price.

About 47% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$267,000
Sale-to-list ratio
100.0%
Sold above asking
47%

Based on 30 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Fort Frances (TB-401)

Fort Frances (TB-401) has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 4.3/10.

Rated schools
4
Elementary
3
Secondary
1
Average rating
4.3 / 10

Top-rated schools in Fort Frances (TB-401)

  • J W Walker — elementary, Fort FrancesFraser rating 6.9/10
  • St Mary — elementary, Fort FrancesFraser rating 4.1/10
  • Fort Frances — secondary, Fort FrancesFraser rating 3.9/10
  • Robert Moore — elementary, Fort FrancesFraser rating 2.4/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 160-166 THIRD STREET W