Port Colborne L3K 1A9 Ontario
MLS: X12053122
Added 2 days ago | For Sale
Listed by: RE/MAX NIAGARA REALTY LTD, BROKERAGE
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!
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | 13 ft, 4 in x 16 ft, 5 in | |
| Bedroom | 9 ft, 6 in x 8 ft, 5 in | ||
| Bedroom | 9 ft, 6 in x 8 ft, 1 in | ||
| Kitchen | 13 ft, 11 in x 11 ft, 5 in | ||
| Upper | Living Room | 11 ft, 9 in x 10 ft | |
| Bathroom | 4 ft, 6 in x 9 ft | ||
| Kitchen | 6 ft, 9 in x 9 ft, 6 in | ||
| Den | 8 ft x 9 ft, 4 in | ||
| Bedroom | 8 ft, 2 in x 8 ft, 3 in | ||
| Bedroom | 8 ft, 1 in x 8 ft, 3 in | ||
| Primary Bedroom | 8 ft, 3 in x 9 ft, 4 in | ||
| Basement | Foyer | 6 ft, 10 in x 10 ft, 11 in | |
| Living Room | 10 ft, 8 in x 16 ft, 1 in | ||
| Kitchen | 9 ft, 11 in x 10 ft, 2 in | ||
| Dining Room | 9 ft, 11 in x 4 ft, 8 in | ||
| Bathroom | 8 ft, 10 in x 3 ft, 3 in |
No property rooms available.
