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info@tonyledi.com +1(647) 493-3579

$ 599,900

Est. payment | -/mo

5 Beds

3 Baths

2,000 SqFt

Save

$ 599,900

Est. payment | -/mo

Save

5 Beds

3 Baths

2,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Square Footage 2,000 sqft

Price per Sqft $299

Subdivision 878 - Sugarloaf

MLS® Listing ID X12871792

Bedrooms 5

Property Description

This is a great turnkey investment opportunity. Monthly income $3.121. Start earning cashflow immediately! Fully tenanted triplex in Port Colborne. Three units, each with their own entrance. 1) Front Main Floor Unit - 1 bedroom, 1 bathroom (3pc) with a nice kitchen, lots of colour and character throughout. Entrance through the covered front porch. 2) Back Main Floor Unit - 1 bedroom, 1 bathroom (4pc) with a smaller kitchen & living room space. Entrance on the back of the house, private deck as well. 3) Upper Unit - 3 bedrooms, 1 bathroom (4pc), living room, dining room and kitchen. Also has a sunroom, and an upper 3rd level loft space. This unit has two separate entrance, through the front door and exterior stairway in the back with covered balcony. The Upper Unit is heated by a gas boiler, and has it's own hydro (tenant pays heat, hydro and HWT rental). Main floor units are heated with a gas forced air furnace, shared hydro meter. Two hot water tanks, owned. Basement is full, unfinished and has joint access for laundry appliances (included). Also included is all kitchen appliances (stove x3, fridge x3, and dishwasher x1). This triplex sits on a huge lot with a double wide driveway fitting up to 6 cars. Open backyard with a storage shed, garbage storage, and a fire-pit. Great location close to Lake Erie, Sugarloaf Marina & Park, Downtown Restaurants & Shops, Library, Schools, Hospital, Public Transit, and more! This makes for an excellent long-term investment opportunity in a city that is growing rapidly in economic development and value (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 2.3 m X 1.76 m Bathroom

Extra Room 2 Second level 3.1 m X 2.53 m Kitchen

Extra Room 3 Second level 3.09 m X 3.81 m Dining room

Extra Room 4 Second level 3.28 m X 5.06 m Living room

Extra Room 5 Second level 3.1 m X 2.3 m Bedroom 2

Extra Room 6 Second level 2.93 m X 3.28 m Bedroom 3

Interior

Heating Forced air,

Cooling None, Window air conditioner

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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86 ADELAIDE STREET Port Colborne (sugarloaf), ON L3K2W5