Fabulous investment opportunity! Downtown Thorold, extremely well maintained 6 year old building featuring 60 student rental units and one 1500 sq ft commercial space located right in the heart of Front Street. The commercial space and student units are fully rented and the current property manager is willing to stay on, allowing for a stress-free investment. Each unit has a bedroom, sitting area and 3 pc bathroom. A shared kitchen on each floor includes 2 refrigerators, 2 stoves, 2 microwaves and an eating area to seat 8. a large common area in the basement with ping pong table, couches and TV's plus laundry area with coin operated washers and dryers. Units are hotwater, radiant heat. All common areas and main floor commercial are forced air heat with a/c. Properties to the north have been purchased and will be redeveloped. Housing Brock University and Niagara College Students, with all necessary amenities in walking distance. Do not let this amazing investment opportunity pass you by! (id:47421)
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Detailed Information
Lot
65 x 263 ft
Amenities Nearby
Public Transit, Schools
Community Features
High Traffic Area
Features
Elevator, Paved driveway, Passenger elevator
Listing Contract Date
2024-04-08
Location Description
Hwy 58 to Pine Street, Right on Sullivan, Left on Front
Ownership Type
Freehold
# of Parking Spaces
18
Property Type
Office
Transaction Type
For sale
Zoning Description
C1
Business
Name
Niagara Student Living
Building
Basement Type
Full
Constructed Date
2018
Exterior Finish
Aluminum siding, Brick
Fire Protection
Unknown
Foundation Type
Poured Concrete
Stories Total
4
Size (Exterior)
24000
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Public Transit, Schools
Sewer
Municipal sewage system
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