REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 749,900
Est. payment /mo
New
152 West ST Port Colborne, ON L3K 4E1
4 Beds
4 Baths
UPDATED:
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
Body of Water Welland Canal
Rooms
Family Room No
Basement Partial Basement, Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling Wall Unit(s)
Fireplaces Type Natural Gas
Fireplace Yes
Heat Source Gas
Exterior
Pool None
Roof Type Metal
Road Frontage Year Round Municipal Road
Lot Frontage 24.0
Lot Depth 142.56
Total Parking Spaces 6
Building
Unit Features Clear View,Waterfront
Foundation Unknown
Listed by ROYAL LEPAGE NRC REALTY
GET MORE INFORMATION
QUICK SEARCH