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$1,150,000
Est. payment /mo
6,634 SqFt
Active
20 ERIE STREET Port Colborne (main Street), ON L3K4L7
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 6634
Square Footage 6,634 sqft
Price per Sqft $173
Subdivision 877 - Main Street
MLS® Listing ID X12757304
Property Description
Exceptional Investment Opportunity - Rare income-producing property with character and strong upside potential in the heart of Port Colborne. This purpose-built nineplex was thoughtfully converted from a former church in 2010, creating a distinctive building with excellent unit mix and rental flexibility. This multi-unit property delivers nine self-contained residential units and a large paved parking area with 14 spaces, a significant asset in a market where parking is at a premium. Each unit benefits from separate metering and functional layouts, offering investors stable income today and strong potential to increase rents in the future. The location adds to the appeal - just minutes from downtown Port Colborne, local schools, transit options, shops, restaurants, and the scenic waterfront, making the property attractive to a wide range of tenants.Whether you're expanding your portfolio or entering the multi-family market, this well-maintained & income-producing nineplex combines character, space, and future growth opportunities in one of Niagara's established communities. Unit mix includes 2x1 bed, 6x1 bed+den, and 1x2 bed+den. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
NEARBY SCHOOL & BUSINESS
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