6,634 sqft
Partially Air Conditioned
Other
$1,100,000
Exceptional Investment Opportunity - Rare income - producing property with character and strong upside potential in the heart of Port Colborne. This purpose-built nineplex was thoughtfully converted from a former church in 2010, creating a distinctive building with excellent unit mix and rental flexibility. This multi-unit property delivers nine self - contained residential units and a large paved parking area with 15 spaces, a significant asset in a market where parking is at a premium. Each unit benefits from separate metering and functional layouts, offering investors stable income today and strong potential to increase rents in the future. The location adds to the appeal - just minutes from downtown Port Colborne, local schools, transit options, shops, restaurants, and the scenic waterfront, making the property attractive to a wide range of tenants. Whether you're expanding your portfolio or entering the multi-family market, this well - maintained nineplex combines character, space, and future growth opportunities in one of Niagara's established communities. (id:49269)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
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MLS® Number
|
X13644476 |
|
Property Type
|
Multi-family |
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Community Name
|
877 - Main Street |
Building
|
Cooling Type
|
Partially Air Conditioned |
|
Heating Type
|
Other |
|
Size Interior
|
6,634 Sqft |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
124 Ft ,5 In |
|
Size Frontage
|
99 Ft ,9 In |
|
Size Irregular
|
99.8 X 124.44 Ft |
|
Size Total Text
|
99.8 X 124.44 Ft |
|
Zoning Description
|
Cp |
https://www.realtor.ca/real-estate/30121976/20-erie-street-port-colborne-main-street-877-main-street