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6 Beds
3 Baths
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X13129898
Sold Date -
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,605
Tax Year 2025
Property Sub-Type Duplex
Property Description
Fully tenanted, turnkey, with immediate cashflow available and 7.32% cap rate. This is an excellent investment opportunity with newly renovated units in great condition with great tenants, paying current market rent. Over $100K in renovations completed at the property, with a newly finished basement, new kitchens, appliances, windows, hot water tank, and more. No expenses spared to create and sustain this well-operating multi-unit property. Each unit is equipped with a full kitchen and appliances (fridge and stove) all newly renovated within the last 5yrs. Each unit has their own laundry appliances - great value add for tenants. Two separate backyards - Main floor tenant enjoys fully fenced yard with a private back deck and garden shed. Upper tenant enjoys their own separate fully fenced yard with a garden shed. 4 parking spots available on the driveway. Basement is fully waterproofed under warranty & new main drain. 3 Separate Hydro Meters with Separate Breaker Panels. 2 Hot Water Tanks. 2 Furnaces. Tenants paying all utilities except water. Excellent location, walking distance to shops, restaurants, library, schools, parks, gym, and more. Public transit stop nearby. School bus route as well. This property checks all the boxes for investors & tenants. Start earning income and watch your asset appreciate in value without lifting a finger, the work has already been completed. Incomes, expenses, leases, and full property details available.
Location
Province ON
County Niagara
Area Niagara
Zoning RL2
Rooms
Family Room No
Basement Full, Separate Entrance
Main Level Bedrooms 1
Kitchen 3
Separate Den/Office 1
Interior
Interior Features In-Law Suite, Primary Bedroom - Main Floor, Sump Pump, Separate Heating Controls, Water Heater Owned
Cooling Window Unit(s)
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Rolled
Lot Frontage 40.0
Lot Depth 118.7
Total Parking Spaces 3
Building
Building Age 100+
Foundation Concrete Block
Others
Senior Community No
ParcelsYN No
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