246 KENT Street, Port Colborne, ON L3K 3A1

  • $485,000
246 KENT Street, Port Colborne, ON L3K 3A1
Active
246 KENT Street, Port Colborne, ON L3K 3A1
  • $485,000

Overview

Property ID: X9413991
  • Commercial Sale, Investment
  • Property Type
  • 5
  • Bedrooms
  • 2
  • Bathrooms
  • 2400
  • Sqft

Description

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 month-to-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.

  • Address 246 KENT Street
  • City Port Colborne
  • State/county ON
  • Zip/Postal Code L3K 3A1
  • Country CA

Details

Updated on October 19, 2024 at 4:18 am
  • Property ID: X9413991
  • Price: $485,000
  • Property Size: 2400 Sqft
  • Bedrooms: 5
  • Bathrooms: 2
  • Garage Size: x x
  • Property Type: Commercial Sale, Investment
  • Property Status: Active
  • MLS#: X9413991

Additional details

  • Roof: Asphalt Shingle
  • Utilities: Unknown
  • Sewer: Sewer
  • Cooling: Other
  • County: Niagara
  • Property Type: Commercial Sale
  • Pool: None
  • Parking: Private
  • Community Features: Greenbelt/Conservation,Public Transit,Park

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