Discover A Solid Investment Opportunity At 129 Durham St, Port Colborne. This Property Offers Four Suites, Two In The Front Structure And Two In The Back, All Currently Vacant, Allowing You To Choose Your Tenants And Secure Top-Market Rent Near The 1% Rule With A Potential Noi Of $50,000 Upon Filling Vacant Units. Each Suite Has Separate Meters For Hydro And Water, With Sub-Meters Installed, Leaving Only Gas Expenses To The Landlord. Tenants Benefit From Ample Off-Street And Street Parking Options. Shared Laundry Facilities Are Available On-Premise For Added Convenience. Located In An Area With Affordable Property Taxes, Strong Rental Demand, And Low Vacancy Rates, 129 Durham St Provides A Practical Investment Opportunity. Capital Improvements Made In 2022/2023 Include A New Furnace For Units 3 & 4 In The Back Structure, New Windows, Roof, Soffit, Eavestrough, And Gutters.
City: Port Colborne
Sold Comparables homes near Durham St, Port Colborne
Located at 129 Durham St , this Port Colborne house was listed for $634,900. This house's size is 1500-2000 Sqft. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Bathroom, Br, Living, Kitchen, Bathroom, Br, Living, Kitchen, Bathroom, Br, Living. This property comes with 3 parking spots.
MLS#: X5965600 · $634,900 · 6 bedroom house in Port Colborne