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Est. payment /mo
Active
224 MITCHELL ST Port Colborne, ON L3K 1Y3
11 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 876 - East Village
MLS Listing ID X12701866
Style 2-Storey
Bedrooms 11
Annual Tax Amount $5,499
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Niagara
Area Niagara
Zoning R3
Rooms
Family Room No
Basement Partial Basement
Kitchen 7
Interior
Interior Features None
Cooling None
Exterior
Parking Features Other
Garage Spaces 2.0
Pool None
Roof Type Shingles
Lot Frontage 60.28
Lot Depth 90.0
Total Parking Spaces 4
Building
Building Age 51-99
Foundation Concrete Block
New Construction false
Others
Senior Community No
Security Features Smoke Detector
ParcelsYN No
Listed by LUXE DREAM HOME REALTY LTD.