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Port Colborne,ON L3K 2M9
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X9513380
Style 2-Storey
Bedrooms 5
Annual Tax Amount $4,342
Tax Year 2024
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
Rooms
Family Room No
Basement Full,Unfinished
Kitchen 5
Interior
Interior Features Separate Hydro Meter
Heating Yes
Cooling None
Fireplace No
Heat Source Electric
Exterior
Garage Private
Garage Spaces 5.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 5
Building
Unit Features Hospital,Lake/Pond,Marina,Park,Public Transit,Rec./Commun.Centre
Foundation Unknown