SoldTriplex

396 Main Street

Name: 396 Main Street - Sold 9 months ago
Brand: ROYAL LEPAGE NRC REALTY
Price: 525000 CAD
Availability: SoldOut

Port Colborne - 877 - Main Street

396 Main Street

Port Colborne - 877 - Main Street

$599,000

Sold For$525,000

Listed For $559,000

Sold 9 months ago

6 Bedrooms Bedrooms

3 Bathrooms Bathrooms

0 Garage Garage

Description

Looking for an investment triplex? Current cash flow is $900/month AFTER mortgage and all expenses are paid. 16% yearly ROI based on current financials. Financials available upon request2 units currently rented to same tenants for over 2 years. 3rd unit newly rented as of June 1st with very competitive market rent. Great main street location in Port Colborne within walking distance to many amenities. Corner lot with ample parking. Units 2 and 3 have shared gas, hot water, and heat. Unit 1 has its own gas, heat..

Key facts for 396 Main Street

Tax$2,813 / 2024

Property TypeTriplex, 2-Storey

Lot Size80 x 56.28 Feet

Size2000-2500 ft²

ParkingNone Spaces, Total 3 Spaces

Parking FeaturesAvailable

BasementUnfinished

Listing #X12144826

Days on Market--

Listing BrokerageROYAL LEPAGE NRC REALTY

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

Speak with a Mortgage Specialist

Cash Flow Analysis

Est. Mortgage Payment

$2,730/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$5.8% net yield

Net Monthly Cash Flow$236

Rented Comparables

Compare with similar recently rented properties nearby

View on Map

View All PropertiesExplore more options

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Looking for something like this?

Similar Properties

View All PropertiesExplore more options