49
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$599,900
Est. payment /mo
5 Beds
3 Baths
2,000 SqFt
Price Dropped by $25K
86 ADELAIDE STREET Port Colborne (sugarloaf), ON L3K2W5
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000 - 2500
Square Footage 2,000 sqft
Price per Sqft $299
Subdivision 878 - Sugarloaf
MLS® Listing ID X12871792
Bedrooms 5
Property Description
This is a great turnkey investment opportunity. Monthly income $3.121. Start earning cashflow immediately! Fully tenanted triplex in Port Colborne. Three units, each with their own entrance. 1) Front Main Floor Unit - 1 bedroom, 1 bathroom (3pc) with a nice kitchen, lots of colour and character throughout. Entrance through the covered front porch. 2) Back Main Floor Unit - 1 bedroom, 1 bathroom (4pc) with a smaller kitchen & living room space. Entrance on the back of the house, private deck as well. 3) Upper Unit - 3 bedrooms, 1 bathroom (4pc), living room, dining room and kitchen. Also has a sunroom, and an upper 3rd level loft space. This unit has two separate entrance, through the front door and exterior stairway in the back with covered balcony. The Upper Unit is heated by a gas boiler, and has it's own hydro (tenant pays heat, hydro and HWT rental). Main floor units are heated with a gas forced air furnace, shared hydro meter. Two hot water tanks, owned. Basement is full, unfinished and has joint access for laundry appliances (included). Also included is all kitchen appliances (stove x3, fridge x3, and dishwasher x1). This triplex sits on a huge lot with a double wide driveway fitting up to 6 cars. Open backyard with a storage shed, garbage storage, and a fire-pit. Great location close to Lake Erie, Sugarloaf Marina & Park, Downtown Restaurants & Shops, Library, Schools, Hospital, Public Transit, and more! This makes for an excellent long-term investment opportunity in a city that is growing rapidly in economic development and value (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 2.3 m X 1.76 m Bathroom
Extra Room 2 Second level 3.1 m X 2.53 m Kitchen
Extra Room 3 Second level 3.09 m X 3.81 m Dining room
Extra Room 4 Second level 3.28 m X 5.06 m Living room
Extra Room 5 Second level 3.1 m X 2.3 m Bedroom 2
Extra Room 6 Second level 2.93 m X 3.28 m Bedroom 3
Interior
Heating Forced air,
Cooling None, Window air conditioner
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
NEARBY SCHOOL & BUSINESS
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