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152 WEST STREET
Port Colborne (Sugarloaf) Ontario , L3K4E1 , Canada
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Carlie Smith
Agent
Sales Representative
Phone: 905.834.9000
Cell: 289.821.8881

Royal LePage NRC Realty
Brokerage:
368 KING STREET
Port Colborne, ON
L3K4H4
Phone: 905.834.9000
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

$749,900.00
MLS® X12094490
Investment
Lot Frontage: 24.0 Feet
Lot Depth: 142.6 Feet
Lot Size: 24 x 142.6 FT
No. of Parking Spaces: 6
Floor Space (approx): 2000 - 2500 Square Feet
Waterfront: Yes
Water Body Type: Welland Canal
Water Body Name: Welland Canal
Total Bedrooms: 4
Total Bathrooms: 4
Remarks:
Calling all investors: I proudly present a charming and well-maintained 4-plex in one of the city's most walkable and vibrant neighbourhoods. 152 West Street is an income-producing property located directly infront of the Welland Canal with unobstructed views of the Bridge and cruise ships floating through. You're conveniently located on the strip beside some of Ports best downtown shops & restaurants... Hello wood fired pizza at the Lock! All four units are 1 bedroom, 1 bathroom, each with their own private exterior entrance and showcasing hardwood flooring, original charm, and thoughtful character throughout. The two upstairs apartments both have their own balcony's as well! The numbers from 2024 are: Gross Annual Income: $49,608, Annual Expenses (Insurance, Utilities, Taxes): $12,017 leaving your Net Operating Income: $37,591. All four of the units are currently occupied by excellent long-term tenants. Theres also parking for 6+ vehicles located at the rear of the building, something rarely available in this location. If you've been looking to add a stable and well-situated investment to your portfolio in a location like no other that rarely comes available, this is one worth considering. (id:27)

Property Features:
  • Access Type: Year-round access
  • Parking Type: No Garage
  • Property Type: Multi-family
  • Sewer: Sanitary sewer
  • View Type: View
  • WaterFront Type: Waterfront
Building Features:
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Building Type: Fourplex
  • Cooling Type: Wall unit
  • Easement: Other , Easement
  • Exterior Finish: Vinyl siding
  • Foundation Type: Unknown
  • Heating Fuel: Natural gas
  • Heating Type: Forced air

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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