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Port Colborne,ON L3K 2M9
Key Details
Property Type Multi-Family
Sub Type Multi-5 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 1,966 sqft
Price per Sqft $508
MLS Listing ID 40669389
Bedrooms 5
Abv Grd Liv Area 1,966
Originating Board Hamilton - Burlington
Annual Tax Amount $4,342
Property Description
Turn key 5 unit building in the quickly growing market of Port Colborne. Rare to find cash flow like this with no work to do. All units have separate hydro meters and water heaters. Coin op laundry in the basement that provides additional income. Great tenants that take pride in where they live. 1 unit comes vacant on closing giving the option to live in the building and collect rent from the remaining units. Brand new 1.6 billion EV battery plant is already under construction in the area creating more jobs and work for the local community. You won't find buildings as well maintained as this one.
Location
Province ON
County Niagara
Area Port Colborne/Wainfleet
Zoning R4
Direction King St/Sugarloaf St
Rooms
Basement Full,Unfinished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Electric
Cooling None
Fireplace No
Appliance Refrigerator,Stove
Laundry Coin Operated,Shared
Exterior
Exterior Feature Balcony
Garage Gravel
Waterfront No
Waterfront Description Lake/Pond
Roof Type Asphalt Shing
Lot Frontage 66.0
Lot Depth 125.0
Parking Type Gravel
Garage No
Building
Lot Description City Lot,Hospital,Marina,Playground Nearby,Public Transit,Rec./Community Centre,Schools,Shopping Nearby
Faces King St/Sugarloaf St
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Stucco
New Construction No
Others
Senior Community No
Tax ID 641630271
Ownership Freehold/None