Turnkey Income Property – Fully Rented Duplex & Triplex on Rare Double Lot in Prime Thorold Location! 68 and 68 1/2 Queen An exceptional opportunity to acquire two adjacent, fully rented income properties in one of Thorold’s most desirable, family-friendly neighborhoods. Situated on a spacious 106’ x 132’ lot, these side-by-side properties offer strong immediate cash flow with built-in development potential—all just minutes from Brock University, downtown Thorold, Niagara Falls, shopping, and major highways. Property Overview: 66 & 68 Queen St S – A separately deeded triplex and duplex, offered together or individually (each with its own MLS) Fully Tenanted – Stable, reliable renters already in place, generating consistent monthly income Updated Systems – Modernized hydro and central air for hassle-free management Ample On-Site Parking – Easy access for tenants and guests Why This Investment Stands Out: Turnkey Operation – No renovations or tenant search needed Excellent Location – Walking distance to schools, transit, and daily conveniences Strong Rental Demand – Ideal for students, professionals, and families alike Exciting Development Potential: Zoned to permit low-rise apartment buildings or townhouses City of Thorold is receptive to redevelopment applications Perfect opportunity to redevelop or expand in a high-growth rental market Key Investor Takeaways: Immediate Passive Income – Both buildings fully rented with no downtime Strategic Long-Term Asset – Combine steady cash flow with appreciating land value Future-Proof – Rare double lot in a city expanding its housing footprint Secure a property that pays today and grows tomorrow. This is a rare chance to acquire a cash-flowing asset with development upside in one of Niagara’s most promising investment corridors. Act now—opportunities like this are few and far between. (id:61594)
| MLS® Number | 40695391 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Playground, Public Transit, Schools |
| Community Features | School Bus |
| Equipment Type | Water Heater |
| Features | Crushed Stone Driveway, Sump Pump |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Appliances | Window Coverings |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,200 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Place Of Worship, Playground, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 66 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/28239056/68-queen-street-s-thorold
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