For Sale - 224 MITCHELL Street, Port Colborne, Ontario

Est payment $3,601/mo
Views   1
Time on Jump  1 days



Exceptional 8-unit multi-property investment /seize this rare opportunity to own a high-performing, income-generating portfolio featuring three separate buildings across 220/224 mitchell st. & 59 louis st. This package includes two duplexes and one fourplex, for a total of 8 residential units with strong cash flow and future upside. 224 mitchell (fourplex): three fully renovated 1-bedroom units and one 5 bedroom 59 louis (duplex): one 1-bedroom and one bachelor unit, bringing in $1,100/month, plus added value from an on-site garage and shed. 220 mitchell (duplex): two 1-bedroom units, both rented at $1,250/month, totaling $2,500/month. Combined gross monthly income is $8050. 00with clear value-add potential. All three properties have received major upgrades, including newer roofs (2015), updated windows, siding, soffits, eaves, and modernized plumbing.
Listing IDX12701866
Address224 MITCHELL Street
CityPort Colborne, Ontario
Price$750,000
Bed / Bath11 / 7 Full
Style2-Storey, Multiplex
ConstructionVinyl Siding
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement Partial BasementFoundation Concrete BlockHeating / Cooling WaterHeating Fuel ElectricSewer Sewer
Parking 4.00
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Listing Agency:  LUXE DREAM HOME REALTY LTD.

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224 Mitchell Street
Port Colborne , Ontario
11 7 $750,000
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