86 ADELAIDE Street, Port Colborne, ON L3K 2W5
- $624,900
- 5
- BD
- 3
- BA
- 2,000
- SqFt
- List Price
- $624,900
- Price Change
- ▼ $21,000 1783550309
- MLS#
- X12871792
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Triplex
- Style
- 2-Storey
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2000-2500
- Province
- ON
- Municipality
- Port Colborne
- Area
- Niagara
- Neighborhood
- 878 - Sugarloaf
- Subdivision
- Elm Street And East On Adelaide Street
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
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Additional Information
- Taxes
- $3,984
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- None, Window Unit(s)
- Lot Depth
- 165
- Family Room
- Yes
- Kitchens
- 3
- Exterior
- Stucco (Plaster)
- Waterfront Type
- None
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 6
- Parking Type
- Private Double
Mortgage Calculator
Listing courtesy of COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE.