Attention Investors! Check out this fantastic duplex in central Thorold, conveniently located near the 406, Brock University, transit, and shopping amenities. The main unit boasts 4 beds, 2 baths, a spacious kitchen, and a bright living area with separate entrances. Meanwhile, the upper unit features 2 beds, a modern bath, a well-lit kitchen, and a separate entrance for added privacy. Enjoy ample parking, an updated roof, energy-efficient windows, and a reliable gas water heater. Generating $2,000/month (main) and $1,450/month (upper), this property offers a solid investment opportunity with a cap rate of 5.31%. **** EXTRAS **** This low-maintenance, profitable home with a cap rate of 5.31% is sure to attract & retain long-term tenants. Fully licensed through the City of Thorold.
Property
Address: 180 Pine Street
City: Thorold
Style: 2-Storey
Exterior: Vinyl Siding
Lot Size: 37.99X105 Feet
Inside
Bedrooms: 5+1
Bathrooms: 3
Rooms: 10
Basement: Full,Part Fin
Heat Source: Gas
Heat Type: Radiant
Financial
Status: For Sale
Price: $599,999
Taxes: $2,943.18
Presented By
Bryan Robinson Salesperson
Keller Williams Real Estate Associates
Listed: Mar 15, 2024