12 Nickel Street

12 Nickel Street
12 Nickel Street
12 Nickel Street
+27
5
 bed
3
 bath
4
 parking
1100 - 1500
 sqft
Triplex
$550,000
For Sale
31 days
 on site
$550,000
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Size
-
Lot size
2970 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$367 - $500
Taxes
$2,059 (2024)
Parking Type
-
Style
2-Storey
See what's nearby
Description
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!
Broker: RE/MAX NIAGARA REALTY LTD, BROKERAGE
MLS®#: X12053122
Property details
Parking:
4
Parking type:
-
Property type:
Triplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
1100-1500 sqft
Lot front:
45 Ft
Lot depth:
66 Ft
Listed on:
Apr 1, 2025
Show all details
Rooms
LevelNameSizeFeatures
Main
Kitchen
13.9 x 11.4 ft
Main
Bedroom
9.5 x 8.4 ft
Main
Bedroom
9.5 x 8.1 ft
Show all
Instant estimate:
orto view instant estimate
$6,681
lower than listed price
i
High
$556,925
Mid
$543,319
Low
$510,421
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About 12 Nickel Street

12 Nickel Street is a Port Colborne triplex for sale. 12 Nickel Street has an asking price of $550000, and has been on the market since April 2025. This 1100-1500 sqft triplex has 5 beds and 3 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.

If you are looking for transit, don't fear, there is a Bus Stop (Flag Stop / King St / Clarence S) only a 5 minute walk.