MLS #: X13689038Type: Multiplex, 2-StoreyApprox. SQFT: 3000-3500Basement: Fin W/O
1414
160 x 100 ft lot
Legal five-plex featuring seven well-appointed apartment units, each offering 2 bedrooms and 2 bathrooms, ideally located in downtown Thorold. This fully tenanted property generates strong and stable income with an approximate 6% cap rate. An excellent opportunity for both investors and owner-occupiers seeking to offset living costs with rental income. The building has been updated with renovated units and exterior improvements, enhancing both tenant appeal and long-term value. No rental items or contracts are associated with the property, ensuring straightforward ownership and lower operating complexity. Vendor take-back (VTB) financing may be available for qualified buyers. The building's roof and chimney have been recently replaced with new ones.
Listing Brokerage: Re/Max West Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Re/Max West Realty Inc. and should be verified by the buyer.