Investor Alert! Turn key fully occupied 13 plex. Traditional 1970s 9 plex with many updates and improvements plus 2024 4 plex addition featuring 2 ground floor studio suites & 2 - 2 storey 4 bed 1 1/2 bath suites. This great investment property is located just blocks from down town shopping, historic West St. parks & Marina. With a cap rate of 5.5% and an Option to purchase with 60 adelaide 7 plex this could be the perfect addition to your portfolio. (id:53712)
MLS® Number | 40583441 |
Property Type | Multi-family |
Community Features | Quiet Area |
Features | Shared Driveway |
Parking Space Total | 19 |
Bathroom Total | 11 |
Bedrooms Total | 22 |
Appliances | Satellite Dish, Microwave Built-in, Window Coverings |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1970 |
Construction Material | Concrete Block, Concrete Walls |
Cooling Type | Ductless |
Exterior Finish | Brick, Concrete, Vinyl Siding |
Foundation Type | Poured Concrete |
Heating Fuel | Natural Gas |
Heating Type | Baseboard Heaters |
Stories Total | 3 |
Size Interior | 10800 |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 167 Ft |
Size Frontage | 66 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | R3 |
https://www.realtor.ca/real-estate/26872691/46-adelaide-street-port-colborne
Contact us for more information
Michael Smith
Salesperson
(905) 834-9000
www.nrcrealty.ca/