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223 Main Street W
homes for sale · Port Colborne · Main Street
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$515,000

223 Main Street W

Main Street, Port Colborne · MLS® X13582758

438

House · Multi-family · 96 days on market

listed by NICOLE VARGAS ALFONSO, CENTURY 21 LEADING EDGE REALTY INC.

realtor's description

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.

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property details

type
House, Multi-family
bedrooms
4
bathrooms
3
parking
8
property tax
$3,767 / yr
days on market
96
MLS®
X13582758

features

  • Irregular lot size
  • Refrigerator
  • Stove

monthly cost

$2,558/mo
Mortgage $2,244 · Tax $314

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,244/ monthly
loan $412,000
25-year amortization
total interest
$261,142
cash to close
$103,000
down payment; transfer tax and fees not included
total paid
$673,142

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
NICOLE VARGAS ALFONSO
CENTURY 21 LEADING EDGE REALTY INC.
call NICOLE · 905-666-0000
Powered by: REALTOR.ca

location

Main Street, Port ColborneGoogle Maps ↗

location

Main Street, Port ColborneGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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