2,288 sqft
None
Forced Air
$479,500
An excellent investment opportunity in the growing waterfront community of Port Colborne. This mixed-use property features four fully rented residential apartments plus approximately 600 sq. ft. of commercial space on the main floor, providing multiple income streams and strong investment potential. The commercial unit offers flexibility for investors or owner-operators, with the possibility of including chattels to operate a laundromat, creating an additional revenue opportunity.Located in an established neighbourhood undergoing revitalization, the property is within walking distance of Nickel Beach, downtown Port Colborne, local restaurants, shops, and waterfront attractions. Residents can also enjoy the unique sight of ships passing through the Welland Canal.With all four residential units currently tenanted, this property offers immediate rental income while presenting future potential to optimize the commercial space. A versatile addition to any investment portfolio in one of Niagara's evolving waterfront communities. (id:62616)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
X14160982 |
|
Property Type
|
Multi-family |
|
Community Name
|
876 - East Village |
|
Parking Space Total
|
2 |
Building
|
Appliances
|
All |
|
Cooling Type
|
None |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Exterior
|
2288 Sqft |
|
Size Interior
|
2,288 Sqft |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
41 Ft ,3 In |
|
Size Frontage
|
69 Ft |
|
Size Irregular
|
Bldg=69 X 41.25 Ft |
|
Size Total Text
|
Bldg=69 X 41.25 Ft |
|
Zoning Description
|
Nc |
https://www.realtor.ca/real-estate/30492240/36-nickel-street-port-colborne-east-village-876-east-village