5 Bedroom
3 Bathroom
2,000 - 2,500 sqft
None
Radiant Heat
$699,900
Turn-key, well-kept legal triplex located at 9 Water Street in Thorold, close to all amenities, shopping, schools, parks, transit, downtown Thorold, Brock University, and highway access.This clean brick property offers a strong opportunity for investors or owner-occupiers, featuring spacious units, solid income potential, and future upside. The building includes a large main floor 3-bedroom unit plus two additional units, with 2 units currently vacant and ready to be rented at market rents.Recent updates include a new boiler system and vinyl windows, providing added peace of mind for the next owner. The property sits on a large lot with potential for future expansion or additional units, subject to city approvals. There is also potential for a basement in-law suite, creating further income possibilities.A detached garage offers additional rental income or storage. A clean, solid, income-producing property with vacant units, market rent upside, garage income potential, and future value-add opportunities in a convenient Thorold location close to everything. (id:63476)
Property Details
|
MLS® Number |
X13445184 |
|
Property Type |
Multi-family |
|
Community Name |
557 - Thorold Downtown |
|
Equipment Type |
None |
|
Features |
Carpet Free, In-law Suite |
|
Parking Space Total |
6 |
|
Rental Equipment Type |
None |
Building
|
Bathroom Total |
3 |
|
Bedrooms Above Ground |
5 |
|
Bedrooms Total |
5 |
|
Basement Type |
Full |
|
Cooling Type |
None |
|
Exterior Finish |
Stone, Brick |
|
Foundation Type |
Block |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Radiant Heat |
|
Stories Total |
2 |
|
Size Interior |
2,000 - 2,500 Sqft |
|
Type |
Triplex |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
141 Ft |
|
Size Frontage |
50 Ft |
|
Size Irregular |
50 X 141 Ft |
|
Size Total Text |
50 X 141 Ft |
|
Zoning Description |
Triplex |