This Rare 9-Unit Multi-Residential Investment property in Thorold offers a storybook setting at 22 & 24 River Street which is located in the historic hamlet of Port Robinson, situated on the east bank of the Welland Canal. 2nd Floor front tenants enjoy a view of the Canal as the ships go by. The original home has solid stone foundation then 2 later additions in the 80's/90's were added . 7 out of 9 Units have been updated ! 8 out of 9 units pay their own Hydro being separately metered! Residential License for both Properties til Feb 2028! New Gravel was laid down the private driveway and all through the back area where the 9 car parking is. Half the Roof was replaced in 2024 (Bill included). Vendor will hold a first mortgage with 15% Down Payment (id:4555)
PROPERTY SPECS
Price $1,350,000
City Thorold, Ontario
Bed / Bath 16 / 9 Full
Address 22 & 24 River Street
Listing ID X13002648
Style Other
Parking 9.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
FeaturesConservation/green belt, Sump PumpOwnershipFreeholdBasementApartment in basement, N/AHeating / CoolingBaseboard heaters, Forced air, Not known, ElectricParking9.00