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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 TypeFeaturesLevel
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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Walk around the neighborhood
12 Nickel Street, Port Colborne, L3K 1A9
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 12 Nickel Street

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