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46 Adelaide Street
Port Colborne ON , L3K 2W2 , Canada
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Michael Smith
Agent
Sales Representative
Phone: 905.834.9000
Cell: 905.650.4741

Royal LePage NRC Realty
Brokerage:
368 KING STREET
Port Colborne, ON
L3K4H4
Phone: 905.834.9000
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

$3,250,000.00
MLS® 40583441
Investment
Lot Frontage: 66.00 Feet
Lot Depth: 167 Feet
No. of Parking Spaces: 19
Floor Space (approx): 7200 Square Feet
Built in: 1970
Total Bedrooms: 22
Zoning: R3
Remarks:
Investor Alert! Turn key fully occupied 13 plex. Traditional 1970s 9 plex with many updates and improvements plus 2024 4 plex addition featuring 2 ground floor studio suites & 2 - 2 storey 4 bed 1 1/2 bath suites. This great investment property is located just blocks from down town shopping, historic West St. parks & Marina. With a cap rate of 5.5% and an Option to purchase with 60 adelaide 7 plex this could be the perfect addition to your portfolio.
Inclusions:  Built-in Microwave,Satellite Dish,Satellite Equipment,Smoke Detector,Window Coverings,13 Fridges, 13 Stoves, 2 Washers, 2 Dryers, 9 Otr Microwaves

Property Features:
  • Basement: Full , Finished
  • Construction Materials: Block , Vinyl Siding
  • Cooling: Ductless
  • Heating: Baseboard , Natural Gas
  • Acres Range: < 0.5
  • Driveway Parking: Private Drive Single Wide
  • Laundry Features: Shared
  • Lot Features: Irregular Lot , City Lot , Quiet Area
  • Parking Features: In/Out Parking , Mutual/Shared
  • Roof: Asphalt Shing , Tar/Gravel
  • Security Features: Smoke Detector
  • Sewer: Sewer (Municipal)
  • Water Source: Municipal
  • Window Features: Window Coverings

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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