9
$1,300,000 Sale
Listed 55 days ago
55 JOHN STREET N
· 14
· 7.0
· 11
· 3000 - 3500
Key Facts
Key facts for 55 JOHN STREET N
Property Type
Apartment
Parking
Garage: Yes, 11 parking
MLS #
X13689038
Size
3000 - 3500 sqft
Basement
Finished, N/A (Finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Legal five-plex featuring seven well-appointed apartment units, each offering 2 bedrooms and 2 bathrooms, ideally located in downtown Thorold. This fully tenanted property generates strong and stable income with an approximate 6% cap rate. An excellent opportunity for both investors and owner-occupi...ers seeking to offset living costs with rental income. The building has been updated with renovated units and exterior improvements, enhancing both tenant appeal and long-term value. No rental items or contracts are associated with the property, ensuring straightforward ownership and lower operating complexity. Vendor take-back (VTB) financing may be available for qualified buyers. The building's roof and chimney have been recently replaced with new ones. (id:10452)
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Listing courtesy of: RE/MAX WEST REALTY INC.
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