12 NICKEL STREET

Port Colborne (East Village), , L3K1A9, Canada

$550,000

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 & Hydro Meters for each unit, 1 gas Meter. 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!

EXTRAS: Washer, Dishwasher, Stove, Dryer, Two Refrigerators

Last updated on : Tuesday 22nd of April 2025 05:31:29 PM

ADDRESS

Street : 12 NICKEL STREET

City : Port Colborne (East Village)

Country : Canada

Postal Code : L3K1A9

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PROPERTY SUMMARY

Property ID : X12053122

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 5

Bathrooms : 3

Parking : 4

Parking Type: No Garage

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