246 Kent Street Port Colborne, Ontario L3K 3A1
$485,000
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. (id:38042)
Property Details
| MLS® Number | 40651349 |
| Property Type | Single Family |
| AmenitiesNearBy | Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | School Bus |
| Features | Conservation/green Belt |
| ParkingSpaceTotal | 5 |
| Structure | Porch |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ConstructedDate | 1918 |
| ConstructionStyleAttachment | Detached |
| ExteriorFinish | Brick |
| FoundationType | Block |
| HeatingType | Radiant Heat |
| StoriesTotal | 3 |
| SizeInterior | 2400 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| LandAmenities | Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 124 Ft |
| SizeFrontage | 40 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 8'0'' x 5'6'' | ||
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Bedroom | 10'0'' x 9'7'' | ||
| Second Level | Bedroom | 10'7'' x 10'1'' | ||
| Second Level | Bedroom | 9'10'' x 7'10'' | ||
| Third Level | Living Room | 25'0'' x 23'0'' | ||
| Main Level | Kitchen | 10'2'' x 6'4'' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 9'0'' x 9'0'' | ||
| Main Level | Bedroom | 9'0'' x 7'2'' |
Interested?
Contact me for more information or to see it in person
September 24 2024 03:53:33
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage