Looking to dive into the rental market? Welcome to 177 Erie Street in Port Colborne, an excellent investment opportunity! This fully-occupied duplex features outstanding, long-term tenants who maintain the property in excellent condition. Both units are well-kept. The main floor unit offers 2 bedrooms, in-suite laundry, and an unfinished basement. It also includes exclusive use of a detached garage. Currently rented at $1,192.50/month + gas and hydro. The upper unit features 2 bedrooms, an open-concept layout with a gas fireplace in the spacious living room, and in-suite laundry. This unit rents for $1,165/month + gas and hydro. Both tenants are on month-to-month leases and have resided here since 2019. Last month’s rent deposits are on file. Furnace is from 2008, both hot water rental tanks are rentals from 2008 and the age of the upper unit’s fireplace is unknown. Please note: vacant possession is not available.
MLS# | 40688225 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Days On Site | 10 |
Listing Provided By | EXP Realty | Jay Shaw |
Bed(s) | 4 |
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Bath(s) | 2 |
SQ Feet | 1,600 |
Garage | 1 |
Basement | Y |
Story(s) | 2 |
Units | 1 |
Building(s) | 1 |
Zoning | R2 |
State | ON |
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County | Niagara |
City | Port Colborne |
Zip Code | L3K 4M5 |
Area | Port Colborne | Wainfleet |
Subarea | 877 Main Street |
Community Name | 877 Main Street |
Listing VS Median (in 877 Main Street) | |
Price: $524,900 low | high Med: $524,900 SqFt: 1,600 low | high Med: 1,600 $ / SqFt: $328 low | high Med: $328 On Site: 10 low | high Med: 10.000000 |