
List Price: $550,000
12 Nickel Street, Port Colborne, L3K 1A9
- By RE/MAX NIAGARA REALTY LTD, BROKERAGE
Triplex|MLS - #X12053122|New
5 Bed
3 Bath
1100-1500 Sqft.
None Garage
Room Information
Room Type | Features | Level |
---|---|---|
Living Room 3.24 x 4.9 m | Basement | |
Kitchen 3.02 x 3.09 m | Basement | |
Dining Room 3.02 x 1.43 m | Basement | |
Living Room 4.06 x 5 m | Main | |
Bedroom 2.89 x 2.57 m | Main | |
Bedroom 2.89 x 2.46 m | Main | |
Kitchen 4.23 x 3.49 m | Main | |
Living Room 3.58 x 3.04 m | Upper |
Client Remarks
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 & Meters for each unit. 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!
Property Description
12 Nickel Street, Port Colborne, L3K 1A9
Property type
Triplex
Lot size
N/A acres
Style
2-Storey
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Finished,Separate Entrance
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
Mortgage Information
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$0 Principal and Interest
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