$485,000 FOR SALE

Duplex 2 1/2 Storey

Bedrooms: 5Bathrooms: 2Lot: 40 x 124 ft
2024 Taxes: $3,318.8

246 Kent St
Port Colborne, ON L3K 3A1 | Niagara

Seize this incredible investment opportunity with a well-maintained, 1,800 sq. ft.,2 1/2-story character home in the coveted Sugarloaf district. This fully bricked residence, zoned as a "Legal Duplex," offers both charm and practicality, making it a valuable addition to your portfolio. Key Features: Prime Location: Just blocks from Lake Erie, this property is conveniently located near the hospital, marina, parks, shopping centers, and top-rated schools, ensuring high tenant demand and excellent rental potential. Separate Utilities: Each unit has its own hydro meter, with updated electrical panels , ensuring safety and efficiency. Modern Upgrades: The home features a newer boiler and hot water tank (installed in 2019), and the roof on both the house and detached garage was replaced in 2017. The two-tier steps to the second unit entrance were also replaced in 2017, and the floors and paint were refreshed in 2008. Additional Income Potential: The detached garage, with a 20'x17' addition, has a concrete floor and can be rented out as storage or a workshop, providing an extra income stream. Reliable Tenants: The property currently houses long-term tenants who pay rent monthto-month, consistently on time, and maintain their units with care. This provides stability and peace of mind for potential investors. Flexible Opportunities: There is potential to negotiate new rental agreements or obtain vacant possession, offering flexibility to maximize your investment returns. This property presents numerous possibilities to optimize your investment strategy. Whether you continue with the current tenants or make adjustments to the rental agreements, the solid structure and prime location of this home ensure it will remain a lucrative asset.

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Listed By RE/MAX NIAGARA REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9365293
Last Updated Sep 24, 2024
Property Summary
Property Type Duplex

More like this:
PIN 641620117
Legal Description LT 388 PL 854 VILLAGE OF PORT COLBORNE ; PORT COLBORNE
Possession Date 60-90 Days
Taxes (2024) $3,318.8
Directions/Cross Streets Steele Street
Area Niagara
Price History
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Detailed Information
Fronting On N
Special Designations Unknown
Bedrooms 5
Bathrooms 2
Rooms 5
Kitchens 2
Lot 40 x 124 ft
Approximate Square Footage 1500-2000
Exterior Brick
Air Conditioning Other
Family Room N
Fireplace/Stove N
Pool None
Basement Full, Unfinished
Drive Private
Garage Spaces 1.0
Garage Type Detached
Parking Spaces 3
Total Parking Spaces 4.0
Heat Source Other
Heat Type Radiant
Sewers Sewers
Water Municipal
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
BrMain2.74 m x 2.18 m (8.99 ft x 7.15 ft)
BrMain2.74 m x 2.74 m (8.99 ft x 8.99 ft)
KitchenMain3.1 m x 1.93 m (10.17 ft x 6.33 ft)
Br2nd3 m x 2.39 m (9.84 ft x 7.84 ft)
Br2nd3.23 m x 3.07 m (10.6 ft x 10.07 ft)
Br2nd3.05 m x 2.92 m (10.01 ft x 9.58 ft)
Kitchen2nd2.44 m x 1.68 m (8.01 ft x 5.51 ft)
Bathrooms
Pieces Level
4Main
42nd

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