Quick Summary
Quick Summary
- Unique multi-residential property with 2 merged lots
- New 4-plex addition under construction, target completion May 1, 2024
- Fully updated historic 7-plex Victorian building in 2019
- 20-suite Adelaide collection with diverse unit mix
- Majority of suites updated with new kitchens, baths, flooring, and electrical
- Estimated net profit of $280,000, attractive investment opportunity
- Located in quiet lakeside town of Port Colborne, desirable neighborhood
- Walking distance to downtown shopping, historic West St, parks, marina, and schools
Check out this unique Multi res property comprised of 2 merged lots. Traditional 1970s 9 plex with a new 4 plex addition currently under construction (target completion May1,24) & a Historical (circa 1885) 7 plex victorian fully updated in 2019. This 20 suite Adelaide collection comprises of 3-bachelors, 9-1 beds, 6-2 beds & 2-3 beds. ... Show More
Check out this unique Multi res property comprised of 2 merged lots. Traditional 1970s 9 plex with a new 4 plex addition currently under construction (target completion May1,24) & a Historical (circa 1885) 7 plex victorian fully updated in 2019. This 20 suite Adelaide collection comprises of 3-bachelors, 9-1 beds, 6-2 beds & 2-3 beds. Over the past decade majority of suites have enjoyed updates of new kitchens, baths flooring & electrical updates. With a net profit of est. 280k this could be the perfect addition to your Investment property portfolio located in the quiet lakeside town of Port Colborne located in a desirable neighbourhood walking distance to downtown shopping, historic west st, parks, marina & schools. (id:54626)
Property Details
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For Sale Nearby
Sold Nearby
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 1,500 - 2,000 Sq. Ft.
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 1
- 700 - 1,100 Sq. Ft.
- 2
- 1
- 3
- 2
- 5
- 3
- 3
- 3
- 5
- 5
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