$699,900
Available - For Sale
Listing ID: X12652124
32 & 34 River Street , Thorold, L0S 1K0, Niagara
| A Rare Twin Semi Detached 4-Plex with 3-3 Bedrooms and 1-1+1 Bedrooms, $60,000+ yearly rental income currently . 4-Car Parking. There is potential for rents to be increased an extra $1395 monthly when units become re-rented at current market rates One 3-Bedroom unit is becoming available in January they have been paying $1400 /mo. that can be increased to $1800/mo. The owner has the City rental permit for all units and the permit is transferable to the new owners. Tenants Pay their own Hydro and Gas. Owner pays for Water. All leases are Month to Month. All separately metered. One unit has gas and the other units have baseboard heaters. ***NEW ROOF 2024*****NEW FRONT PORCH 2021****LOWER UNIT NEW FURNACE INSTALLED 2015****NEW DECK PATIO 2019****ALL NEW WATER TANKS 5 YEARS AGO OWNED. NEW Floor plus Apartment facelifts by unit and date. 32 Upper Renovated 2017. 32 Lower Renovated 2020. Upper........2019. Lower Renovated 2019. Office Unit......2015. Building is Only 30 years old!!! Property located in a scenic Village Setting! Close to Brock University 7 min. and Niagara College 14 min. Very Close to the Welland Canal's twinned flight locks where ships climb the mountain!! Great tourist attraction. Approx. 3800 Sq Ft of Total Living Space !!!!! HUGE 55 x 173' DEEP Lot! AVM Range to $773,852 . VENDOR IS MOTIVATED had the property for nearly a decade & WILLING TO HOLD A FIRST MORTGAGE FOR THE RIGHT BUYER or Small 2nd !! Cap rate is 5%+ ! |
| Price | $699,900 |
| Taxes: | $5765.00 |
| Occupancy: | Tenant |
| Address: | 32 & 34 River Street , Thorold, L0S 1K0, Niagara |
| Acreage: | < .50 |
| Directions/Cross Streets: | CANBY / CHIPPAWACREEK |
| Rooms: | 10 |
| Rooms +: | 5 |
| Bedrooms: | 10 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Separate Ent, Finished wit |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 3 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | |
| Washroom Type 7 | 3 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 16-30 |
| Property Type: | Fourplex |
| Style: | Bungalow-Raised |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Mutual |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Mutual |
| Park #2 | |
| Parking Type: | Mutual |
| Pool: | None |
| Other Structures: | Shed |
| Approximatly Age: | 16-30 |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Golf, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| RE/MAX SUCCESS REALTY |
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|
Marjan Heidarizadeh
Sales Representative
Dir:
416-400-5987
Bus:
905-456-1000
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Niagara |
| Municipality: | Thorold |
| Neighbourhood: | 561 - Port Robinson |
| Style: | Bungalow-Raised |
| Approximate Age: | 16-30 |
| Tax: | $5,765 |
| Beds: | 10 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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