ON > Port Colborne > 878 - Sugarloaf
Port Colborne, ON L3K 4E1,152 West ST
Port Colborne, ON L3K 4E1,152 West ST
Port Colborne, ON L3K 4E1,152 West ST
Port Colborne, ON L3K 4E1,152 West ST
Port Colborne, ON L3K 4E1,152 West ST
Port Colborne, ON L3K 4E1,152 West ST
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Desiree King

Desiree King

+1(888) 834-8520
$ 749,900
Est. payment | /mo

4 Beds

4 Baths

Save
$ 749,900
Est. payment | /mo
Save

4 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 878 - Sugarloaf

MLS Listing ID X12094490

Style 2-Storey

Bedrooms 4

Building Age 100+

Annual Tax Amount $3,975

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Calling all investors: I proudly present a charming and well-maintained 4-plex in one of the city's most walkable and vibrant neighbourhoods. 152 West Street is an income-producing property located directly infront of the Welland Canal with unobstructed views of the Bridge and cruise ships floating through. You're conveniently located on the strip beside some of Ports best downtown shops & restaurants... Hello wood fired pizza at the Lock! All four units are 1 bedroom, 1 bathroom, each with their own private exterior entrance and showcasing hardwood flooring, original charm, and thoughtful character throughout. The two upstairs apartments both have their own balcony's as well! The numbers from 2024 are: Gross Annual Income: $49,608, Annual Expenses (Insurance, Utilities, Taxes): $12,017 leaving your Net Operating Income: $37,591. Three of the units are currently occupied by excellent long-term tenants, and one unit will be delivered vacant giving you the chance to set your own rent and further increase income. Theres also parking for 6+ vehicles located at the rear of the building, something rarely available in this location. If you've been looking to add a stable and well-situated investment to your portfolio in a location like no other that rarely comes available, this is one worth considering.

Location

Province ON

County Niagara

Community 878 - Sugarloaf

Area Niagara

Body of Water Welland Canal

Rooms

Family Room No

Basement Partial Basement, Unfinished

Kitchen 4

Interior

Interior Features Separate Hydro Meter

Cooling Wall Unit(s)

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Gas

Exterior

Pool None

Roof Type Metal

Road Frontage Year Round Municipal Road

Lot Frontage 24.0

Lot Depth 142.56

Total Parking Spaces 6

Building

Unit Features Clear View,Waterfront

Foundation Unknown

Listed by ROYAL LEPAGE NRC REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 834-8520

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152 West ST