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46 Adelaide St

Adelaide St, Port Colborne, ON, L3K 2W2

22
Beds
11
Baths
10,800
Sq. Ft.
$3,250,000
List Price
Details
Photos
33
Comparables
History
46 Adelaide St, Port Colborne, ON - 1 of 3
46 Adelaide St, Port Colborne, ON - 2 of 3
46 Adelaide St, Port Colborne, ON - 3 of 3
34 days on market

Quick Summary

  • Fully occupied 13-unit multi-family property
  • Includes 9-unit traditional 1970s building
  • Features 2024 4-unit addition with studios
  • Conveniently located near downtown amenities
  • Attractive 5.5% capitalization rate
  • Option to purchase adjacent 7-unit property
  • Ideal investment opportunity for portfolio
  • Well-maintained with many recent updates

Investor Alert! Turn key fully occupied 13 plex. Traditional 1970s 9 plex with many updates and improvements plus 2024 4 plex addition featuring 2 ground floor studio suites & 2 - 2 storey 4 bed 1 1/2 bath suites. This great investment property is located just blocks from down town shopping, historic West St. parks & Marina. With a cap... Show More

Investor Alert! Turn key fully occupied 13 plex. Traditional 1970s 9 plex with many updates and improvements plus 2024 4 plex addition featuring 2 ground floor studio suites & 2 - 2 storey 4 bed 1 1/2 bath suites. This great investment property is located just blocks from down town shopping, historic West St. parks & Marina. With a cap rate of 5.5% and an Option to purchase with 60 adelaide 7 plex this could be the perfect addition to your portfolio. (id:54626)

Property Details

Size

10,800 sq. ft.
across 3 floors
22 Beds
11 Baths
11 Full

Parking

19 Parking Spaces
-

Lot

Size
792′0″ * 2003′11″
Acres
-

Build

Year Built
1970
Model Name
-
Basement
Finished
Exterior
Brick, Concrete, Vinyl siding
Foundation
Poured Concrete
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
Ductless

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40583441
Last Updated
May 31, 2024
Brokerage
ROYAL LEPAGE NRC REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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