246 KENT STREET Port Colborne

246 KENT STREET, Port Colborne, Ontario

$485,000

  • 5 Beds
  • 2 Baths

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 monthto-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. (id:23309)

  • Listing ID: X9365293
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Bedroom Second level 3 m x 2.39 m
Bedroom Second level 3.23 m x 3.07 m
Bedroom Second level 3.05 m x 2.92 m
Kitchen Second level 2.44 m x 1.68 m
Bedroom Main level 2.74 m x 2.18 m
Bedroom Main level 2.74 m x 2.74 m
Kitchen Main level 3.1 m x 1.93 m

Details

  • Parking Spaces: 4
  • Transaction: For sale

Building

  • Amenities: Separate Electricity Meters
  • BasementType: Full (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 5
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 2
  • Heating: Radiant heat
  • Size Interior: 1499.9875 - 1999.983 sqft
  • Stories Total: 2.5
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 40 ft
  • Size Irregular: 40 x 124 FT
MLS®

Listing provided by RE/MAX NIAGARA REALTY LTD.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 246 KENT STREET in Port Colborne Ontario. It was last modified on September 24th, 2024. Contact Karim Ellis to schedule a viewing or to discover other Port Colborne homes for sale.

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