5 Bedroom
3 Bathroom
1100 - 1500 sqft
Radiant Heat
$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! (id:51158)
Property Details
|
MLS® Number
|
X12053122 |
|
Property Type
|
Multi-family |
|
Community Name
|
876 - East Village |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Water Heater |
About 12 Nickel Street, Port Colborne (876 - East Village), Ontario
This For sale Property is located at 12 Nickel Street Multi-family Triplex set in the community of 876 - East Village, in the City of Port Colborne (876 - East Village) Multi-family has a total of 5 bedroom(s), and a total of 3 bath(s) . 12 Nickel Street has Radiant heat heating . This house features a Fireplace.
The Basement includes the Foyer, Living Room, Kitchen, Dining Room, Bathroom, The Main level includes the Living Room, Bedroom, Bedroom, Kitchen, The Upper Level includes the Bathroom, Kitchen, Den, Bedroom, Bedroom, Primary Bedroom, Living Room, The Basement is Finished and features a Separate entrance.
This Port Colborne (876 - East Village) Triplex's exterior is finished with Vinyl siding. Also included on the property is a No Garage
The Current price for the property located at 12 Nickel Street, Port Colborne (876 - East Village) is $550,000 and was listed on MLS on :2025-04-17 02:56:11. The current average price in the city of is $0.00. The lowest price listed on MLS for a listing is $0.00. The highest priced 's in the area is prices at $0.00. The city of has 0 - 's listed on the MLS System.
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
5 |
|
Bedrooms Total
|
5 |
|
Age
|
51 To 99 Years |
|
Appliances
|
Dishwasher, Dryer, Stove, Washer, Two Refrigerators |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
N/a (finished) |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
2 |
|
Size Interior
|
1100 - 1500 Sqft |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
66 Ft |
|
Size Frontage
|
45 Ft |
|
Size Irregular
|
45 X 66 Ft |
|
Size Total Text
|
45 X 66 Ft |
|
Zoning Description
|
Nc |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Basement |
Foyer |
2.08 m |
3.3231 m |
2.08 m x 3.3231 m |
|
Basement |
Living Room |
3.24 m |
4.9 m |
3.24 m x 4.9 m |
|
Basement |
Kitchen |
3.02 m |
3.09 m |
3.02 m x 3.09 m |
|
Basement |
Dining Room |
3.02 m |
1.43 m |
3.02 m x 1.43 m |
|
Basement |
Bathroom |
2.69 m |
1 m |
2.69 m x 1 m |
|
Main Level |
Living Room |
4.06 m |
5 m |
4.06 m x 5 m |
|
Main Level |
Bedroom |
2.89 m |
2.57 m |
2.89 m x 2.57 m |
|
Main Level |
Bedroom |
2.89 m |
2.46 m |
2.89 m x 2.46 m |
|
Main Level |
Kitchen |
4.23 m |
3.49 m |
4.23 m x 3.49 m |
|
Upper Level |
Bathroom |
1.36 m |
2.75 m |
1.36 m x 2.75 m |
|
Upper Level |
Kitchen |
2.07 m |
2.9 m |
2.07 m x 2.9 m |
|
Upper Level |
Den |
2.44 m |
2.85 m |
2.44 m x 2.85 m |
|
Upper Level |
Bedroom |
2.49 m |
2.51 m |
2.49 m x 2.51 m |
|
Upper Level |
Bedroom |
2.47 m |
2.51 m |
2.47 m x 2.51 m |
|
Upper Level |
Primary Bedroom |
2.52 m |
2.85 m |
2.52 m x 2.85 m |
|
Upper Level |
Living Room |
3.58 m |
3.04 m |
3.58 m x 3.04 m |
https://www.realtor.ca/real-estate/28099988/12-nickel-street-port-colborne-876-east-village-876-east-village
