Cash-flowing legal duplex with garage, upgrades & prime location! A rare opportunity to own a fully separated, side-by-side legal duplex in a great port colborne neighbourhood- ideal for investors or live-in landlords seeking steady income and long-term upside. -unit a (rented at $1,900/month + utilities): a spacious 2-storey, 2 bed, 2 bath unit featuring a bright eat-in kitchen, oversized living room, attached double-car garage, two-car drive way, private basement with laundry, central air, central vacuum, and a 4-piece bath.-unit b (vacant market rent $1,400/month):a 1-bedroom bungalow with an open-concept kitchen/living area, 3-piece bath, large bedroom, private basement with laundry hookups, separate driveway off alma, dedicated a/c unit, and newly added electric baseboard heating for fully independent climate control. The dry, oversized basement holds potential to create an additional living space in both units. -extensive cosmetic renovations completed post-purchase, enhancing the enhancing the layout, finishings, and overall appeal throughout.-separate hydro meters already in place. After purchase, unit b's heating was upgraded to electric baseboards, eliminating landlord-paid gas bills and making utilities fully tenant-controlled. -newer roof, furnace, windows, and a/c - big-ticket items are already handled. Current tenants in unit a have never missed a payment, are wonderful people, and wish to stay.-tenants take care of exterior maintenance a hands-off setup for the new owner. Investor roi sheet available upon request. Located in port colborne's desirable killaly st e area, close to everything that matters: nearby amenities include: de witt carter public school & lakeshore catholic high school nickel beach, friendship trail, and hh knoll lakeview park port colborne historical & marine museum, vale centre, and canal days festival. Downtown shops, cafes, and restaurants just minutes away
Listing IDX12596776
Address344 Fares Street
CityPort Colborne, Ontario
Price$564,800
Bed / Bath3 / 3 Full
Style2-Storey, Duplex
ConstructionVinyl Siding, Concrete Poured
TypeMulti-Family
StatusFor Sale