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

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    For Sale - 224 Mitchell Street, Port Colborne, Ontario

    Est payment $3,193/mo
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    Views   6
    Time on Jump  85 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.




    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

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

    Parking 4.00
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    Listing Agency:  RE/MAX NIAGARA REALTY LTD, BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    224 Mitchell Street
    Port Colborne , Ontario
    11 7 $664,900
    Get more info