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Thorold,ON L2V 3M4
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 557 - Thorold Downtown
MLS Listing ID X12216217
Style 2-Storey
Bedrooms 6
Building Age 51-99
Annual Tax Amount $3,056
Tax Year 2024
Property Sub-Type Duplex
Property Description
RENOVATED, POSITIVE CASH-FLOW, LEGAL DUPLEX TURNKEY INVESTMENT OPPORTUNITY Attention investors! This fully renovated and legal, licensed duplex is the perfect turnkey addition to your portfolio with strong rental potential and positive cash flow. Updated from top to bottom, this property features two self-contained units, each with private entrances. The main unit offers 3 spacious bedrooms, 2 modern bathrooms, and a beautifully upgraded kitchen with quartz countertops, stainless steel appliances, and ample cabinetry. Freshly painted with new flooring throughout, this unit also includes a partially finished basement, adding bonus living space or potential for additional income. The main unit is currently tenanted for $2,000 per month plus hydro. The upper unit will be tenanted, generating approximately $1,550/month in rental income. Upper unit is a bright and updated 2-bedroom, 1-bathroom suite includes a large eat-in kitchen with bright finishes, and offers an excellent layout for long-term tenants. Conveniently located near transit, major highways, and universities, this property appeals to a wide tenant base.
Location
Province ON
County Niagara
Community 557 - Thorold Downtown
Area Niagara
Rooms
Family Room Yes
Kitchen 2
Interior
Cooling None
Exterior
Parking Features Private
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Building
Foundation Concrete Block