$749,900
Available - For Sale
Listing ID: X12094490
152 West Stre , Port Colborne, L3K 4E1, Niagara
| Calling all investors: I proudly present a charming and well-maintained 4-plex in one of the city's most walkable and vibrant neighbourhoods. 152 West Street is an income-producing property located directly infront of the Welland Canal with unobstructed views of the Bridge and cruise ships floating through. You're conveniently located on the strip beside some of Ports best downtown shops & restaurants... Hello wood fired pizza at the Lock! All four units are 1 bedroom, 1 bathroom, each with their own private exterior entrance and showcasing hardwood flooring, original charm, and thoughtful character throughout. The two upstairs apartments both have their own balcony's as well! The numbers from 2024 are: Gross Annual Income: $49,608, Annual Expenses (Insurance, Utilities, Taxes): $12,017 leaving your Net Operating Income: $37,591. Three of the units are currently occupied by excellent long-term tenants, and one unit will be delivered vacant giving you the chance to set your own rent and further increase income. Theres also parking for 6+ vehicles located at the rear of the building, something rarely available in this location. If you've been looking to add a stable and well-situated investment to your portfolio in a location like no other that rarely comes available, this is one worth considering. |
| Price | $749,900 |
| Taxes: | $3975.00 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 152 West Stre , Port Colborne, L3K 4E1, Niagara |
| Directions/Cross Streets: | Between Kent & Victoria on West St |
| Rooms: | 16 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Partial Base, Unfinished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 3 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| Drive Parking Spaces: | 6 |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Clear View, Waterfront |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE NRC REALTY |
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Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Niagara |
| Municipality: | Port Colborne |
| Neighbourhood: | 878 - Sugarloaf |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $3,975 |
| Beds: | 4 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |
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