152 West ST new Save Request In-Person Tour Request Virtual Tour
Port Colborne,ON L3K 4E1
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 878 - Sugarloaf
MLS Listing ID X12094490
Style 2-Storey
Bedrooms 4
Building Age 100+
Annual Tax Amount $3,975
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Calling all investors: I proudly present a charming and well-maintained 4-plex in one of the city's most walkable and vibrant neighbourhoods. 152 West Street is an income-producing property located directly infront of the Welland Canal with unobstructed views of the Bridge and cruise ships floating through. You're conveniently located on the strip beside some of Ports best downtown shops & restaurants... Hello wood fired pizza at the Lock! All four units are 1 bedroom, 1 bathroom, each with their own private exterior entrance and showcasing hardwood flooring, original charm, and thoughtful character throughout. The two upstairs apartments both have their own balcony's as well! The numbers from 2024 are: Gross Annual Income: $49,608, Annual Expenses (Insurance, Utilities, Taxes): $12,017 leaving your Net Operating Income: $37,591. Three of the units are currently occupied by excellent long-term tenants, and one unit will be delivered vacant giving you the chance to set your own rent and further increase income. Theres also parking for 6+ vehicles located at the rear of the building, something rarely available in this location. If you've been looking to add a stable and well-situated investment to your portfolio in a location like no other that rarely comes available, this is one worth considering.
Location
Province ON
County Niagara
Community 878 - Sugarloaf
Area Niagara
Rooms
Family Room No
Kitchen 4
Interior
Cooling Wall Unit(s)
Fireplaces Type Natural Gas
Exterior
Pool None
Roof Type Metal
Building
Foundation Unknown