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12 Nickel St

Nickel St, Port Colborne, ON, L3K 1A9

5
Beds
3
Baths
1,100 - 1,500
Sq. Ft.
$550,000
List Price
Details
Photos
30
Comparables
History
12 Nickel St, Port Colborne, ON - 1 of 3
12 Nickel St, Port Colborne, ON - 2 of 3
12 Nickel St, Port Colborne, ON - 3 of 3
New
4 days on market

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... Show More

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 & Meters for each unit. 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!

Property Details

Size

1,100 - 1,500 sq. ft.
5 Beds
5 Above Grade
3 Baths

Parking

4 Parking Spaces
-

Lot

Size
45′0″ * 66′0″
Acres
-

Build

Year Built
1926 - 1974
Model Name
-
Basement
Finished, Separate Entrance
Exterior
Vinyl Siding
Foundation
Concrete Block
Builder Name
-
Stories
-
Flooring
-
Roof
Asphalt Shingle

Heating & Cooling

Heating
Radiant
Cooling
None

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$2,059

Source

Listing Brokerage

MLS® Listing
X12053122
Last Updated
April 1, 2025
Brokerage
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Call us 800-591-0566

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