ON > Port Colborne > 876 - East Village
Port Colborne, ON L3K 1A9,12 Nickel ST
Port Colborne, ON L3K 1A9,12 Nickel ST
Port Colborne, ON L3K 1A9,12 Nickel ST
Port Colborne, ON L3K 1A9,12 Nickel ST
Port Colborne, ON L3K 1A9,12 Nickel ST
Port Colborne, ON L3K 1A9,12 Nickel ST
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Paula McFarlane

Paula McFarlane

+1(519) 860-8697
$ 550,000
Est. payment | /mo

5 Beds

3 Baths

Save
$ 550,000
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 876 - East Village

MLS Listing ID X12053122

Style 2-Storey

Bedrooms 5

Building Age 51-99

Annual Tax Amount $2,059

Tax Year 2024

Property Sub-Type Triplex

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY! This updated triplex is the perfect cash-flow property to add to your portfolio. Once fully tenanted, it will generate over $50,000 in annual rental income! With projected rents of $1,800 for the main unit, $1,700 for the upper unit, and $1,000 for the lower unit, the total rental income reaches $54,000 per year. At $550,000 with operating expenses of just $10,000 per year, this triplex boasts an impressive 8.00% CAP rate - a fantastic opportunity for investors seeking strong returns! Three Separate Units - Upper Unit (Rented): Spacious 3-bedroom + den, full kitchen, 4-piece bathroom, living room, and private balcony. Main Floor Unit: Bright 2-bedroom layout, full kitchen, living room, and 4-piece bathroom. Lower Unit: Open-concept studio with a full kitchen, living area, and dining space. Separate Entrances & Hydro Meters for each unit, 1 gas Meter. Shared Laundry for tenant convenience. Double-Wide Driveway providing ample parking. Whether you're an investor looking for solid cash flow or an owner-occupant seeking mortgage assistance, this high-potential property is a must-see. Don't miss out schedule a viewing today!

Location

Province ON

County Niagara

Community 876 - East Village

Area Niagara

Rooms

Family Room No

Basement Finished, Separate Entrance

Kitchen 3

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 45.0

Lot Depth 66.0

Total Parking Spaces 4

Building

Foundation Concrete Block

Others

ParcelsYN No

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(519) 860-8697

paularmcfarlane@gmail.com

1-389 Queens Ave., London, ON, N6B 1X5, CAN

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12 Nickel ST