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$765,000

Thorold ON, L0S 1K0

MLS® # X12565456

Property Information:

A Rare Twin Semi Detached 4-Plex with 3-3 Bedrooms and 1-1+1 Bedrooms 4 parking spaces with a 6% Cap rate (See Financials attached) at the current price. The owner has the City rental permit for all units and the permit is transferable to the new owners. Tenants Pay their own Hydro and Gas. Owner pays for Water. All leases are Month to Month. All separately metered. One unit has gas and the other units have baseboard heaters. ***NEW ROOF 2024*****NEW FRONT PORCH 2021****LOWER UNIT NEW FURNACE INSTALLED 2015****NEW DECK PATIO 2019****ALL NEW WATER TANKS 5 YEARS AGO OWNED. NEW Floor plus Apartment facelifts by unit and date. 32 Upper Renovated 2017. 32 Lower Renovated 2020. Upper........2019. Lower Renovated 2019. Office Unit......2015. Building is Only 30 years old!!! Property located in a scenic Village Setting! Close to Brock University 7 min. and Niagara College 14 min. Very Close to the Welland Canal's twinned flight locks where ships climb the mountain!! Great tourist attraction. Approx. 3800 Sq Ft of Total Living Space !!!!! HUGE 55 x 173' DEEP Lot! Owner is a Finished Carpenter and did many upgrades himself. AVM Range to $773,852 we are below this amount!!! VENDOR IS MOTIVATED! Vendor will consider holding first mortgage on property!! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Hydro Meters
  • Architectural Style: Raised bungalow
  • Basement Development: Finished
  • Basement Type: N/A, N/A, N/A
  • Exterior Finish: Brick, Vinyl siding
  • Fire Protection: Smoke Detectors
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters, Forced air, Not known, Not known
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 10
  • Bathrooms: 5
  • Amenities Nearby: Golf Nearby, Park, Public Transit, Schools
  • Features: Wooded area
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 173.5 Feet
  • Lot Frontage: 55 Feet
  • Lot Size: 55 x 173.5 FT
  • Structure Type: Deck, Patio(s), Porch, Shed
  • Surface Water:
  • View Type: River view
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX SUCCESS REALTY

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 32 & 34 RIVER STREET, Thorold, Ontario, L0S 1K0

Demographic Information of 32 & 34 RIVER STREET, Thorold, Ontario, L0S 1K0

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$115,181.09

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.52 %

High school certificate or equivalent

30.22 %

Apprenticeship trade certificate/diploma

14.4 %

College/non-university certificate

30.91 %

University certificate (below bachelor)

0.25 %

University Degree

10.7 %

Commuter

Travel To Work

By Car

98.33 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

1.67 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.32 %

Houses

95.68 %

Own Vs. Rent