ON > Thorold > 557 - Thorold Downtown
Thorold, ON L2V 1Z7,41 Carleton ST S
Thorold, ON L2V 1Z7,41 Carleton ST S
Thorold, ON L2V 1Z7,41 Carleton ST S
Thorold, ON L2V 1Z7,41 Carleton ST S
Thorold, ON L2V 1Z7,41 Carleton ST S
Thorold, ON L2V 1Z7,41 Carleton ST S
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Ana Bastas

Ana Bastas

Ana Bastas Realty

+1(647) 361-8169
$ 2,275,000
Est. payment | /mo

18 Beds

11 Baths

Save
$ 2,275,000
Est. payment | /mo
Save

18 Beds

11 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision 557 - Thorold Downtown

MLS Listing ID X12242614

Style Other

Bedrooms 18

Annual Tax Amount $24,048

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Looking for a great investment property with 11 fully rented two-bedroom units, and a gross income of $163,000 per year? Look no further than 41 Carleton St. South. Located on a quiet residential street near the canal, you will appreciate the brick exterior, the solid concrete block walls and core slab ceilings throughout the building, and the separate hydro meters for each unit. There are 11 two-bedroom units in total, plus a shared laundry room in the basement, and another room with separate storage lockers for each unit. Five of the units have been extensively renovated in the last three years, complete with beautiful new kitchens and bathrooms, light fixtures, and durable luxury vinyl plank floors. Several others have been partially renovated with new flooring and lighting. So many updates were done in the past five years-the driveway and parking lot (with room for 12 cars) were re-done with new asphalt in 2022, new fence on the driveway side in 2022, new boiler in 2019, carpets were replaced in all the hallways, the main electrical panel was switched over to 12 separate meters (7 units are paying their own hydro so far), all units had their individual electrical panels switched from fuses to breakers, the hallway and stairwell lighting were all switched to LED lights & the emergency exit signs and battery packs were replaced, the plumbing shutoffs for all the units were replaced in the utility room, the back entry door and several patio doors were replaced, and the basement hallway and laundry room were re-painted. Great long term investment, with wonderful tenants. Minimum 24 hour notice for showings.

Location

Province ON

County Niagara

Community 557 - Thorold Downtown

Area Niagara

Rooms

Family Room No

Basement Other

Kitchen 11

Separate Den/Office 9

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Other

Exterior

Parking Features Private

Pool None

Roof Type Other

Lot Frontage 82.0

Lot Depth 132.0

Total Parking Spaces 12

Building

Foundation Concrete Block

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 361-8169

ana@anabastas.ca

130 KING ST W UNIT 1900B TORONTO, ON M5X 1E3, ON, M5X 1E3, CAN

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41 Carleton ST S