CAONThorold22 & 24 River Street
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22 & 24 River Street, Thorold, ON

House

For Sale

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1690

MLS® X13002648

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage None
Taxes $9,463
Days Active 1
Lot Size 
Approx. Age 
MLS® Number X13002648

Property Address: 22 & 24 River Street, Thorold, ON, L0S1K0

Average square foot calculated using Size range provided by listing agent.

Description

This Rare 9-Unit Multi-Residential Investment property in Thorold offers a storybook setting at 22 & 24 River Street which are located in the historic hamlet of Port Robinson, situated on the east bank of the Welland Canal. 7 out of 9 Units have been updated and consists of 1-3 Bedroom $1500*. 5-2 Bedrooms, $1450. , $1300, $1290, $950, & $630 (Live-In Super) $1450 will be the new rental price of the one vacant unit. 2-1 Bedrooms $1150, $935** 1 Bachelor $950. Coin Laundry $2500 income Yr. 8 out of 9 units pay their own Hydro being separately metered! Residential License for both Properties til Feb 2028! 1/2 Roof was replaced in 2024 Bills to be provided, 2-Natural Gas furnaces which cover 2 units the Owner pays for. (3) Water Rental Tanks $1750, Gas $2300, Water $1500, Hydro $2800, Maintenance is around $2500.Insurance $6350. Property Valued at $155, 000 per Unit, based on 32 and 34 River Street selling at $162, 500 given it was a newer property just a couple of months ago, on the same street same location. Most recent 8 Unit property sold for Over $220, 000 per door! Less than 1 % of properties in Thorold are multi-residential . So this is a good opportunity to own this 9-Plex at a fantastic price. Pre-Inspection Report will be attached on Friday April 17th, by a Certified Master Inspector. Thank youShow Description
MLS® NumberX13002648
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementApartment
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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Top Secret
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Commute

Starting Address
Destination Address
22 & 24 River Street, Thorold, ON

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