CAONPort Colborne224 Mitchell St
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224 Mitchell St, Port Colborne, ON

Real Estate

For Sale

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1172

MLS® X12510560

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $5,499
Days Active 73
Lot Size 
Approx. Age 
MLS® Number X12510560

Property Address: 224 Mitchell St, Port Colborne, ON, L3K1Y3

Average square foot calculated using Size range provided by listing agent.

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 gutted unit approved for a 5-bedroom rooming house. With substantial income potential upon completion of the 5-bedroom unit.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. The portfolio includes six fully renovated and tenanted units, one rented but unrenovated unit, and one gutted unit awaiting completion. All three properties have received major upgrades, including newer roofs (2015), updated windows, siding, soffits, eaves, and modernized plumbing. With seven units legally recognized by the City, this is a rare, high-yield investment offering both immediate income and long-term appreciation potential.Show Description
MLS® NumberX12510560
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementPartial Basement
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Starting Address
Destination Address
224 Mitchell St, Port Colborne, ON

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