Size
-
Lot size
3988 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$320 - $427
Taxes
$2,810.53 (2022)
Parking Type
-
Style
2-Storey
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Description
Calling all investors! This legal duplex, ideally situated in central Thorold near the 406, Brock University, transit, and groceries, presents a fantastic opportunity. The main level features four spacious bedrooms, including 4 and 2-piece bathrooms, a roomy kitchen, and a bright living room with two separate entrances for tenant convenience. The upper unit boasts two large bedrooms, a modern 4-piece bathroom, a well-lit kitchen, and a generous living space with a separate side entrance ensuring tenant privacy. Additional perks include ample parking, an updated roof, energy-efficient vinyl windows, and a reliable gas water heater, all contributing to low-maintenance costs and high-profit margins. Currently tenanted, this property generates $2,000/month for the main unit and $1,450/month for the upper unit, offering steady income. With a cap rate of 5.31%, this is a prime investment opportunity in thriving Thorold. Don't miss out!
Broker: KELLER WILLIAMS REAL ESTATE ASSOCIATES
MLS®#: X6784184
Property details
Parking:
6
Parking type:
-
Property type:
Duplex
Heating type:
Water
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
37 Ft
Lot depth:
105 Ft
Listed on:
Sep 1, 2023
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