28
See all 28 photos
$664,900
Est. payment /mo
11 Beds
7 Baths
5,000 SqFt
Price Dropped by $34K
224 MITCHELL STREET Port Colborne (east Village), ON L3K1Y3
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 - 100000
Square Footage 5,000 sqft
Price per Sqft $132
Subdivision 876 - East Village
MLS® Listing ID X12887386
Bedrooms 11
Property Description
Excellent opportunity to acquire a multi-property residential investment portfolio in the growing community of Port Colborne. The offering includes three separate buildings located at 220 Mitchell St., 224 Mitchell St., and 59 Louis St., currently generating rental income from existing tenants. 220 Mitchell Street: Two tenants generating $2,500 in combined monthly rental income. 224 Mitchell Street: Currently configured with three renovated and tenanted main floor one-bedroom units plus an unfinished upstairs area. 59 Louis Street: Two dwelling units with attached garage. One unit currently generating $700 per month and one unit currently vacant. The property also features a detached garage and additional storage shed. Current combined gross monthly rental income from occupied units is $6,850. Major capital improvements across the portfolio include roof replacements (2015), updated windows, exterior siding, soffits, eavestroughs, and plumbing upgrades. Conveniently located close to amenities, parks, and the historic Welland Canal corridor. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Forced air, ,
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
NEARBY SCHOOL & BUSINESS
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