$1,519,900

43 Cleveland Street

Thorold ON, L2V 3K5

Description

Great investment opportunity awaits in downtown Thorold! Attractive stone and vinyl sided triplex built in 2010 offering over 4600 sqft of finished living space, featuring 12 bedrooms, 12 bathrooms divided into 3 separate units. Ideal property for mature adult living or students. Well maintained building with each unit offering four bedrooms each bedroom with its own private bathroom, a spacious, bright common area that opens to a kitchen with dining space, in-suite coin-operated washer and dryer and a mechanical room. Each unit is separately metered and includes a separate forced air gas furnace with air-conditioning capacity. The outdoor space offers a spacious shared yard and large deck. Security cameras on site make your living experience not only comfortable, but safe. Large graveled parking area with room for 6+ cars offers plenty of parking on site. The property is currently tenanted with 11 out of 12 bedrooms leased. Fully rented out at current market rents, generates a 5% cap rate. Convenient location, close to shopping, Brock University, quick highway access, public transit, restaurants and amenities. Call today for an appointment to view!

Details

MLS#40040542
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site24

Features

SQ Feet4,692
Units3
Building(s)1
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Area Information
ProvinceON
CountyNiagara
CityThorold
Postal CodeL2V 3K5
Area5 - Thorold
Listing VS Median (in L2V 3K5)
Price:
$1,519,900
low | high
Med:
$1,519,900
50% of Average
SqFt:
4,692
low | high
Med:
4,692
50% of Average
$ / SqFt:
$324
low | high
Med:
$324
50% of Average
On Site:
24
low | high
Med:
24
100% of Average
Listing Updated: November 26, 2020 8:04:24 PM PST
TED BOLDT LogoMLS Number: 40040542
Listing Provided By:
TED BOLDT  of  BOLDT REALTY INC.
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