Thorold, ON L0S 1K0,32 & 34 River ST
Thorold, ON L0S 1K0,32 & 34 River ST
Thorold, ON L0S 1K0,32 & 34 River ST
Thorold, ON L0S 1K0,32 & 34 River ST
Thorold, ON L0S 1K0,32 & 34 River ST
Thorold, ON L0S 1K0,32 & 34 River ST
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$ 699,900
Est. payment | /mo

10 Beds

5 Baths


$ 699,900
Est. payment | /mo

10 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 561 - Port Robinson

MLS Listing ID X12652124

Style Bungalow-Raised

Bedrooms 10

Annual Tax Amount $5,765

Tax Year 2025

Property Sub-Type Fourplex

Property Description

A Rare Twin Semi Detached 4-Plex with 3-3 Bedrooms and 1-1+1 Bedrooms, $60,000+ yearly rental income for 2025 . There is 4-Car Parking on the property. There is potential for rents to be increased an extra $1395 monthly when units become re-rented at current market rates One 3-Bedroom unit is becoming available in January they have been paying $1400 /mo. that can be increased to $1800/mo. The owner has the City rental permit for all units and the permit is transferable to the new owners. Tenants Pay their own Hydro and Gas. Owner pays for Water. All leases are Month to Month. All separately metered. One unit has gas and the other units have baseboard heaters. ***NEW ROOF 2024*****NEW FRONT PORCH 2021****LOWER UNIT NEW FURNACE INSTALLED 2015****NEW DECK PATIO 2019****ALL NEW WATER TANKS 5 YEARS AGO OWNED. NEW Floor plus Apartment facelifts by unit and date. 32 Upper Renovated 2017. 32 Lower Renovated 2020. Upper........2019. Lower Renovated 2019. Office Unit......2015. Building is Only 30 years old!!! Property located in a scenic Village Setting! Close to Brock University 7 min. and Niagara College 14 min. Very Close to the Welland Canal's twinned flight locks where ships climb the mountain!! Great tourist attraction. Approx. 3800 Sq Ft of Total Living Space !!!!! HUGE 55 x 173' DEEP Lot! AVM Range to $773,852 at time of initial offering . Vendor has had the property for nearly a decade. Vendor will consider holding First Mortgage with over $250k Down Payment!

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Separate Entrance, Finished with Walk-Out, Apartment

Kitchen 4

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Deck, Patio, Porch

Parking Features Mutual

Garage Spaces 1.0

Pool None

View Canal, Golf Course, Panoramic, River, Trees/Woods

Roof Type Asphalt Shingle

Lot Frontage 55.0

Lot Depth 173.5

Total Parking Spaces 4

Building

Building Age 16-30

Unit Features Golf,Park,Public Transit,River/Stream,School,Wooded/Treed

Foundation Poured Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

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Listed by RE/MAX SUCCESS REALTY

GET MORE INFORMATION

Françoise Pollard
Françoise Pollard

Agent

+1(647) 204-6307 | francoise@francoisepollard.com

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32 & 34 River ST