This is an incredible prime opportunity to own a well built triplex in a convenient & desirable downtown location in Port Colborne. Situated in a High Traffic area on revitalized Main St W, this property offers the perfect balance of comfort and convenience, making it an ideal investment with good cash flow opportunity or multi-family property. This charming triplex features a 1 bedroom and a 2 bedroom unit on the main floor and a 1 bedroom unit upstairs. Each comes with their own classic character. Kitchens are well-equipped and bedrooms are spacious. Each Separately metered and 2 hot water tanks providing added privacy and efficiency for the tenants. The shared outdoor space adds appeal. The thoughtful layout includes separate entrances allowing for privacy and separation within each unit. Basement has its own door which can be shared for storage and laundry facilities. With a large front picture window, the front air conditioned 1 bedroom unit can be converted to a commercial space. In addition, the property provides 8 parking spots ensuring that residents and visitors have no trouble finding space. Whether you're looking to add to your real estate portfolio or enjoy a peaceful living environment with rental income potential, this purpose built triplex offers great value in a fantastic location. One unit currently tenanted, this triplex is a reliable income-generating asset. The property's potential cash flow makes it an ideal choice for investors seeking a stable and lucrative addition. Don't miss this opportunity to secure a property that merges timeless appeal with strong rental potential. Builders & developers take note: the city permits additional units to be built determined by how many parking there are. Only minutes away from local beaches, shopping, & restaurants, this unique property offers an opportunity that can't be missed. Independent Addresses: 219, 221 and 223 Main St W. (id:4555)
PROPERTY SPECS
Price $549,000
City Port Colborne, Ontario
Bed / Bath 4 / 3 Full
Address 223 Main Street
Listing ID X13122784
Style Triplex
Parking 8.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
FeaturesIrregular lot sizeOwnershipFreeholdBasementUnfinished, N/AHeating / CoolingBaseboard heaters, Forced air, Not known, Electric, Natural gasSewerSanitary sewerParking8.00