view of front of home with entry steps Features: grill, vertical siding, stoop, horizontal siding, entry steps, residential view, downspout

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traditional-style house with a residential view Features: stoop, horizontal siding, downspout, vertical siding, gutters, residential view

view of front facade with a gate and entry steps Features: vertical siding, shake shingle siding, wood siding, fence, stoop, parking pad, gutters, horizontal siding, downspout, entry steps, gate, shingle roof

view of front facade with entry steps Features: parking pad, vertical siding, entry steps, concrete block foundation, fence, horizontal siding, stoop

view of patio / terrace Features: fence, patio

rear view of house with entry steps Features: parking pad, stoop, entry steps, concrete foundation, horizontal siding, fence, grill

living area featuring wood walls and light wood-style flooring Features: wood finish floor, recessed lighting, natural light, baseboards wall, wood wall, tv

bathroom with vanity and a shower with curtain Features: full bathroom, vanity, wood wall, mirror, wood finish floor, toilet, shower

kitchen with white appliances, white cabinetry, light wood finished floors, light countertops, and washer / clothes dryer Features: shaker cabinets, toaster, white cabinets, crown molding, natural light, sink, countertops, refrigerator, range oven, wood wall, wood finish floor, washer dryer, laundry

living area featuring wood finished floors Features: tv, natural light, wood finish floor, drywall

kitchen featuring white appliances, light wood-style floors, white cabinetry, dark countertops, and recessed lighting Features: white cabinets, baseboards wall, drywall, raised cabinets, wood finish floor, range oven, refrigerator, range hood, recessed lighting, countertops

bathroom with a stall shower, vanity, light wood-type flooring, and stacked washer / dryer Features: mirror, wood finish floor, laundry, shower, drywall, vanity, toilet, stacked washer dryer, sink, full bathroom

bedroom with recessed lighting Features: recessed lighting, drywall, tv

carpeted living room with vaulted ceiling Features: natural light, tv, vaulted ceiling, carpet, drywall, low ceiling

kitchen with light flooring and white cabinetry Features: open shelves, smoke carbon monoxide detector, tile countertops, vinyl floor, white cabinets, natural light, drywall, sink, visible hinge cabinets

full bathroom featuring vanity, shower / bath combo with shower curtain, light wood finished floors, and a textured ceiling Features: full bathroom, textured ceiling, combined bath shower, natural light, radiator, wood finish floor, sink, mirror, vanity

living area featuring light wood-style flooring Features: crown molding, wood finish floor, natural light, drywall

kitchen featuring white appliances, white cabinetry, light countertops, and light wood-type flooring Features: shaker cabinets, wood finish floor, sink, range oven, drywall, toaster, refrigerator, countertops, white cabinets, backsplash, microwave

full bath with vanity, light wood finished floors, shower / bathtub combination with curtain, and lofted ceiling Features: vanity, wood finish floor, sink, toilet, combined bath shower, full bathroom, natural light, vaulted ceiling, baseboard radiator, mirror

bedroom with a ceiling fan and a closet Features: tv, closet, ceiling fan

kitchen featuring white appliances, white cabinetry, light wood finished floors, and light countertops Features: range oven, countertops, wood finish floor, radiator, refrigerator, shaker cabinets, microwave, white cabinets

living area featuring light wood-style flooring and ornamental molding Features: wood finish floor, tv, crown molding, microwave

view of unfinished basement Features: concrete block foundation, concrete foundation, furnace, basement

unfinished below grade area featuring water heater and electric panel Features: basement, water heater, electric panel

unfinished below grade area featuring stairs and water heater Features: stairs, water heater, concrete block foundation, basement

unfinished below grade area with a workshop area Features: workshop, basement

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For Sale - 224 Mitchell Street, Port Colborne, Ontario

224 Mitchell Street

Port Colborne , Ontario

11 7 $664,900

Est payment $3,193/mo

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Time on Jump 132 day

AI Summary *

Multi-property investment portfolio located in a growing community.
Three separate buildings currently generating rental income from tenants.
Recent improvements include roof replacements and updates to windows and plumbing.
Close to amenities, parks, and the historic Welland Canal.
Potential for further income with vacant unit ready for new tenants.

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Purchase Price

Term

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Down Payment:
$ 33,245 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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.

Listing IDX12887386

Address224 Mitchell Street

CityPort Colborne, Ontario

Price$664,900

Bed / Bath11 / 7 Full

Style2-Storey, Multiplex

ConstructionVinyl Siding

TypeMulti-Family

StatusFor Sale

Extras

Subtype MultiplexIndoor Features NoneOwnership FreeholdWaterfront NoneBasement Partial BasementFoundation Concrete BlockHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

Market Info

Parking 4.00

Listing Agency:
RE/MAX NIAGARA REALTY LTD, BROKERAGE

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Listing Agency:
RE/MAX NIAGARA REALTY LTD, BROKERAGE

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For Sale - 224 Mitchell Street, Port Colborne, Ontario

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Property Info

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Market Info

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