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 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# | 40055784 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 15 |
Features
| SQ Feet | 4,692 |
|---|---|
| Units | 3 |
| Building(s) | 1 |
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Learn More About This Property
| Area Information | |
|---|---|
| Province | ON |
| County | Niagara |
| City | Thorold |
| Postal Code | L2V 3K5 |
| Area | 5 - Thorold |
| Listing VS Median (in L2V 3K5) | |
Price: $1,469,000 low | high Med: $1,469,000 SqFt: 4,692 low | high Med: 4,692 $ / SqFt: $313 low | high Med: $313 On Site: 15 low | high Med: 15 | |
MLS Number: 40055784Listing Provided By:
TED BOLDT of BOLDT REALTY INC.