Port Colborne - 875 - Killaly East
Listed For $1,350,000
Get Pre-approvedTerminated Aug 2023
GREAT INVESTMENT OPPORTUNITY Legal 2 Story 5 Unit Updated Brick/Siding Apartment Building on a corner lot in Port Colborne that is fully tenanted to be assumed in good standing with up-to date rents (5.3% Cap Rate). Additionally, there is a 2+ car garage that can be converted to an additional residential unit for an increased cap rate (7.7%) which has existing plumbing and electricity (Process started and Documents available for city approvals). One 3 bedroom unit/1 bath, two 2 bedroom units/1 bath, and two 1 bedroom units/1 bath. All fully rented with great tenants. Parking for 5+ cars, plus on road parking too. Entire building has been updated within the last year with fresh paint, flooring, kitchens, C02 detectors, smoke alarms etc. Every units has own laundry facilities with ad
* Values are estimates only and not a guarantee of lending or affordability.
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