Investor Alert! Turn key fully occupied 13 plex. Traditional 1970s 9 plex with many updates and improvements plus 2024 4 plex addition featuring 2 ground floor studio suites & 2 - 2 storey 4 bed 1 1/2 bath suites. This great investment property is located just blocks from down town shopping, historic West St. parks & Marina. With a cap rate of 5.5% and an Option to purchase with 60 adelaide 7 plex this could be the perfect addition to your portfolio. (id:56505)
MLS® Number | 40583441 |
Property Type | Multi-family |
CommunityFeatures | Quiet Area |
Features | Shared Driveway |
ParkingSpaceTotal | 19 |
BathroomTotal | 11 |
BedroomsTotal | 22 |
Appliances | Satellite Dish, Microwave Built-in, Window Coverings |
BasementDevelopment | Finished |
BasementType | Full (finished) |
ConstructedDate | 1970 |
ConstructionMaterial | Concrete Block, Concrete Walls |
CoolingType | Ductless |
ExteriorFinish | Brick, Concrete, Vinyl Siding |
FoundationType | Poured Concrete |
HeatingFuel | Natural Gas |
HeatingType | Baseboard Heaters |
StoriesTotal | 3 |
SizeInterior | 10800 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
SizeDepth | 167 Ft |
SizeFrontage | 66 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | R3 |
https://www.realtor.ca/real-estate/26872691/46-adelaide-street-port-colborne
Contact us for more information
Michael Smith
Salesperson