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Whether you're a savvy investor or a first-time homebuyer, this fully tenanted duplex presents a versatile and rewarding opportunity. Currently generating reliable income with stable, long-term tenants in place, this property offers immediate cash flow and long-term upside for investors. Alternatively, for first-time buyers, this is your chance to step into homeownership, strategically live in one unit, and rent out the other to help offset your mortgage costs. Each self-contained unit features two bedrooms and private in-suite laundry. The main floor apartment includes exclusive access to the detached garage and the unfinished basement with solid concrete foundation walls perfect for additional storage or future development. The upper-level unit boasts a bright, open-concept layout, complete with a gas fireplace and a covered back porch that adds to its charm and tenant appeal. Both units are pet-free, well-maintained, and occupied by respectful tenants who have called the property home for several years. With tenants on month-to-month leases and each paying their own gas and hydro, utility expenses are minimized, offering more predictability in your operating budget. This is a well-rounded opportunity in a growing community, perfect for building equity while enjoying steady returns. Book your showing today and take the next step in your investment or homeownership journey.
City: Port Colborne
Neighborhood: Main Street
Purchase Price | $470000 |
Down Payment | $94000 |
Mortgage Insurance | $0 |
Total Mortgage | $376000 |
Mortgage Payment | $2317 |
Property Taxes | $252 |
Maintenance Fees | $0 |
Monthly Payment | $2569 |
Sold Comparables homes near 177 Erie St, Port Colborne
Located at 177 Erie St , this Port Colborne house is available for sale. This property was listed for $470,000 on Wed May 21 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 177 Erie St, Port Colborne is situated in the Main Street neighbourhood.
MLS#: X12163436 · $470,000 · 4 bedroom house in Main Street, Port Colborne