Turn-key, well-kept legal triplex located at 9 Water Street in Thorold, close to all amenities, shopping, schools, parks, transit, downtown Thorold, Brock University, and highway access.This clean brick property offers a strong opportunity for investors or owner-occupiers, featuring spacious units, solid income potential, and future upside. The building includes a large main floor 3-bedroom unit plus two additional units, with 2 units currently vacant and ready to be rented at market rents.Recent updates include a new boiler system and vinyl windows, providing added peace of mind for the next owner. The property sits on a large lot with potential for future expansion or additional units, subject to city approvals. There is also potential for a basement in-law suite, creating further income possibilities.A detached garage offers additional rental income or storage. A clean, solid, income-producing property with vacant units, market rent upside, garage income potential, and future value-add opportunities in a convenient Thorold location close to everything. (id:53712)
| MLS® Number | X13445184 |
| Property Type | Multi-family |
| Community Name | 557 - Thorold Downtown |
| Equipment Type | None |
| Features | Carpet Free, In-law Suite |
| Parking Space Total | 6 |
| Rental Equipment Type | None |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Basement Type | Full |
| Cooling Type | None |
| Exterior Finish | Stone, Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 141 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 141 Ft |
| Size Total Text | 50 X 141 Ft |
| Zoning Description | Triplex |
Contact us for more information
Francesco Grottola
Salesperson
(905) 357-3000
www.nrcrealty.ca/