41 Carleton Street South, Thorold | Image 1

41 Carleton Street South

Thorold

  • 9 bed 11 bath
$2,350,000 est.*: $7,961/mo
For Sale

Added 2 months ago

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  • Type: Multiplex

  • Style: Other

  • Lot Size: 82 x 132 Feet

  • Age: No Data

  • Taxes: $24,048 per year

  • Days on Site: 42 Days

  • Added: Sep 03, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X9305370

  • Listed By: Re/max niagara realty ltd.

Looking for a great investment property with 11 fully rented two-bedroom units, and a gross income of $161000 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.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: Other

  • Area: Thorold

  • Availability Date: Flexible

Inside

  • Bedrooms: 9

  • Bedrooms Plus: 9

  • Bathrooms: 11

  • Kitchens: 9

  • Kitchens Plus: 2

  • Rooms: 57

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 11

Building

  • Basement: Other

  • Heat Type: Radiant

  • Heat Source: Other

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 12

  • Total Parking Spaces: 12

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 8 & PT LT 7 PL 890-891 W/S CARLETON ST S AS IN RO454055 CITY

  • Taxes: $24,048

Land

  • Cross Street: Ormand St. S. to Por

  • Municipality District: Thorold

  • Fronting On: East

  • Parcel Number: 640520027

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 132 Feet

  • Lot Frontage: 82 Feet

Rooms

Room details for 41 Carleton Street South, Thorold

Type Dimensions
Kitchen Main 2.59 x 3.73
Living Main 3.25 x 4.78
Prim Bdrm Main 3.05 x 4.27
Br Main 2.44 x 3.05
Bathroom Main -
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Very Walkable

  • Most errands can be accomplished on foot.
81 /100

Some Transit

  • Most errands require a car.
36 /100

Very Bikeable

  • Most errands can be accomplished on bike.
77 /100
JK-8

Burleigh Hill Public School

Elementary: Public
2.08 km
JK-8

Prince of Wales Public School

Elementary: Public
0.38 km
JK-8

Westmount Public School

Elementary: Public
1.21 km
JK-3

St Charles Catholic Elementary School

Elementary: Catholic
0.98 km
4-8

Monsignor Clancy Catholic Elementary School

Elementary: Catholic
1.46 km
JK-8

Richmond Street Public School

Elementary: Public
1.45 km
9-12

DSBN Academy

Secondary: Public
5.16 km
9-12

Thorold Secondary School

Secondary: Public
0.80 km
9-12

St Catharines Collegiate Institute and Vocational School

Secondary: Public
6.30 km
9-12

Laura Secord Secondary School

Secondary: Public
7.26 km
9-12

Sir Winston Churchill Secondary School

Secondary: Public
3.44 km
Pre-Grade 9-12

Denis Morris Catholic High School

Secondary: Catholic
3.69 km
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