224 MITCHELL STREET, Port Colborne, Ontario L3K 1Y3
$664,900.00
- 11 bedrooms
- 7 bathrooms
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 ... read more
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:25417)
Price reduced $34,100 (4.88%) from the list price.
- Listing ID: X12887386
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 60.3 by 90 FT |
| Parking: | No Garage 4 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Other |
| HVAC: | Baseboard Heaters, Fireplace and Forced Air Electric, Natural Gas |
| Exterior: | Vinyl Siding |
| Basement: | Partial |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Port Colborne |
| Province: | Ontario |
Book a showing to see this Mitchell Street Home in Port Colborne
This property has so much to offer. Book a private showing now, as you do not want to miss out on 224 MITCHELL STREET in Port Colborne, Ontario!
Private Showing Request
Send a request to book a private showing for
.
Please Note: Information you supply in the contact form will be kept fully confidential.
Is this multi-family home the right property for you? Start a conversation to find out.
Get Directions to this Property
Not sure where this property is? Get directions to this Mitchell Street Home in Port Colborne.
Provided by RE/MAX NIAGARA REALTY LTD, BROKERAGE. MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.
Have questions or need more information about this home? Don't know where to begin? Then, let us connect you with the best real estate agent to guide you.
Inquiries submitted through this website will be responded to by a local sales representative from Royal LePage®.
Start a Conversation by Text
Provide your full name, phone and email to start a conversation by text message.
Please Note: Information you supply in the contact form will be kept fully confidential.
Start a Conversation by Email
Provide your full name and email to start a conversation by email.
Please Note: Information you supply in the contact form will be kept fully confidential.