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:4555)
PROPERTY SPECS
Price $479,500
City Port Colborne, Ontario
Address 36 NICKEL Street
Listing ID X14160982
Square Footage 2288
Style Multi-Family
Parking 2.00
Type Multi-Family
Status For Sale
Listing Brokerage: RIGHT AT HOME REALTY, BROKERAGE