Port Colborne, ON L3K 4J1,725 King Street
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Port Colborne, ON L3K 4J1,725 King Street
Port Colborne, ON L3K 4J1,725 King Street
Port Colborne, ON L3K 4J1,725 King Street
Port Colborne, ON L3K 4J1,725 King Street

$405,000

Est. payment /mo

$419,888

3.5%
Est.Price: ?

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725 King Street Port Colborne, ON L3K 4J1

3 Beds

3 Baths

1,838 SqFt

SOLD DATE : 04/16/2024

Key Details

Sold Price $405,000

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Sold

Purchase Type For Sale

Square Footage 1,838 sqft

Price per Sqft $220

MLS Listing ID 40459970

Sold Date 04/16/24

Bedrooms 3

Abv Grd Liv Area 1,838

Originating Board Niagara

Annual Tax Amount $3,057

Property Description

This triplex conveniently located on the west side of growing Port Colborne is the perfect addition to any investor’s portfolio. Whether you want to continue renting out all three units, or live in the large back unit and have the other renters pay your mortgage, this is an excellent opportunity either way. Bottom units can be joined to create one large main floor living area. Plenty of upside potential for massive returns in the future. Bottom two units rent for $622 respectively and upper unit is rented for $1100. All tenants pay their own hydro. Total rent per month $2344. Plumbing has been updated to ABS and Pex, hot water heat, and four separate meters. Crawl space has been recently insulated and lined with vapor barrier. Units have been well maintained and the lower rentals are extremely reliable and help maintain the property including landscaping and grass cutting. This is a solid building with minimal maintenance.

Location

State ON

County Niagara

Area Port Colborne / Wainfleet

Zoning R2

Direction Main to king

Rooms

Basement Partial, Unfinished

Kitchen 0

Interior

Interior Features None

Heating Natural Gas, Radiant

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry In-Suite

Exterior

Parking Features Gravel

Roof Type Asphalt Shing

Lot Frontage 66.0

Lot Depth 130.8

Garage No

Building

Lot Description Urban, Rectangular, City Lot, Hospital, Library, Schools

Faces Main to king

Story 2

Foundation Poured Concrete, Stone

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Aluminum Siding,Stucco

New Construction No

Others

Senior Community false

Tax ID 641490023

Ownership Freehold/None

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Listed by ROYAL LEPAGE NRC REALTY

Cam McCarroll

Broker

+1(905) 320-1346

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