One of a kind opportunity to own 2 separate income properties on one lot. First building offers 4 units - 1 bedroom unit, 1 bachelor unit, and two 2 bedroom units. 2 units are vacant so you can choose your own tenants and set your own rents. The second building is a 4 bedroom, 2 level home that has been completely renovated and is currently tenanted at $1750 per month plus gas and hydro. Plenty of parking available in the large driveway, separate hydro meters, quick access to the hwy, convenient laundry room where coin op-operated laundry can be installed for additional income (laundry roughed in). Many updates completed within the last 2 years including the completely renovated 4 bdrm house, renovated bachelor unit, renovated 2 bedroom unit (to be completed prior to closing), updated roof shingles on both buildings, new eavestroughs, updated high efficiency boiler system, new exterior entrances, new front walkway, and separate utility room. Seller may be willing to help with financing for the right buyer.
MLS# | 40054046 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 13 |
SQ Feet | 2,600 |
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Units | 5 |
Building(s) | 1 |
Area Information | |
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Province | ON |
County | Niagara |
City | Thorold |
Postal Code | L2V 3L9 |
Area | 5 - Thorold |
Listing VS Median (in L2V 3L9) | |
Price: $949,000 low | high Med: $824,000 SqFt: 2,600 low | high Med: 2,371 $ / SqFt: $365 low | high Med: $346 On Site: 13 low | high Med: 58 |