LOADING

99 Victoria Street Port Colborne, Ontario L3K 2Y5

16 Bedroom 9 Bathroom 7000
None Baseboard Heaters

$1,879,900

TURN KEY INVESTMENT OPPORTUNITY! Well maintained and updated 9 plex (7 x 2 bed, 2 x 1 bed) located on a quiet side street in prime south west port location, short walk to lake, marina, downtown shopping and historic west st. Most units have been updated with newer appliances, flooring, some new kitchens. 60% of tenants are paying close to market rent with 3 quality long term tenants paying below market rent allowing for continued financial growth. With a net income of over 100k with a 5% ROI, this is the perfect midsize multi res building to add to your portfolio. (id:42569)

Property Details

MLS® Number 40339706
Property Type Multi-family
Amenities Near By Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Quiet Area, School Bus
Features Park/reserve, Laundry- Coin Operated, Sump Pump
Parking Space Total 9

Building

Bathroom Total 9
Bedrooms Total 16
Appliances Microwave Built-in, Window Coverings
Basement Type None
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fixture Ceiling Fans
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Size Interior 7000
Utility Water Municipal Water

Land

Acreage No
Land Amenities Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 165 Ft
Size Frontage 66 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4

https://www.realtor.ca/real-estate/24993470/99-victoria-street-port-colborne


MICHAEL SMITH
Salesperson

(905) 650-4741
(905) 688-3178
www.hometownrealestateguy.com
www.facebook.com/hometownrealestateteam
ROYAL LEPAGE NRC REALTY
368 King St.
Port Colborne, Ontario L3K 4H4

(905) 834-9000
(905) 688-3178
www.nrcrealty.ca