Port Colborne (876 - East Village), ON L3K1E1,129 DURHAM STREET
Port Colborne (876 - East Village), ON L3K1E1,129 DURHAM STREET
Port Colborne (876 - East Village), ON L3K1E1,129 DURHAM STREET
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$710,000
Est. payment /mo
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6 Beds
4 Baths
1,499 SqFt
Active

129 DURHAM STREET Port Colborne (876 - East Village), ON L3K1E1

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,499 sqft

Price per Sqft $473

Subdivision 876 - East Village

MLS® Listing ID X12036991

Bedrooms 6

Originating Board Niagara Association of REALTORS®

Property Description

This exceptional property offers four spacious suites; two in the front building - both equipped with 2 beds + 1 bath.. and two units in the rear - both equipped with 1 bed + 1 bath. With three units vacant at closing, you'll have the opportunity to select your tenants and achieve premium market rents, with a potential income of up to $68,000+ once the vacancies are filled. The tenanted unit rent being collected is $1645.00 monthly. Each suite is equipped with separate hydro and water meters, and sub-meters are installed, leaving only gas expenses for the landlord. Tenants benefit from ample off-street and street parking, as well as convenient on-site laundry facilities.Located in a highly desirable area with affordable property taxes, strong rental demand, and low vacancy rates, 129 Durham St represents a prime investment opportunity. The property sits in the picturesque city of Port Colborne, offering residents easy access to marinas, parks, and the scenic Welland Canal making it a highly attractive location for tenants seeking a balanced, active lifestyle. Recent improvements include a new furnace for units 3 and 4 (2022/2023) + new furnace for units 1 & 2 (2025), along with upgraded windows, roof, soffits, eavestroughs, and gutters. Additional cosmetic enhancements include newly installed interior and exterior doors, as well as modernized kitchens. With excellent insulation and thoughtful upgrades throughout, this property is both efficient and low-maintenance, offering long-term value for savvy investors. (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level Measurements not available Kitchen

Extra Room 2 Second level Measurements not available Living room

Extra Room 3 Second level Measurements not available Bedroom

Extra Room 4 Second level Measurements not available Kitchen

Extra Room 5 Second level Measurements not available Bedroom

Extra Room 6 Second level Measurements not available Bedroom 2

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer


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Listed by REVEL Realty Inc., Brokerage

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agent

Mica Sadler

Partner | REALTOR®

+1(519) 589-3521

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129 DURHAM STREET