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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,100,000
Available - For Sale
Listing ID: X12339872
Exceptional 8-Unit Multi-Property Investment /Seize this rare opportunity to own a high-performing, income-generating portfolio featuring three separate buildings across 220/224 Mitchell St. & 59 Louis St. This package includes two duplexes and one fourplex, for a total of 8 residential units with strong cash flow and future upside.224 Mitchell (Fourplex): Three fully renovated 1-bedroom units and one gutted unit approved for a 5-bedroom rooming house. Currently generating $3,750/month, with substantial income potential upon completion of the 5-bedroom unit.59 Louis (Duplex): One 1-bedroom and one bachelor unit, bringing in $1,100/month, plus added value from an on-site garage and shed.220 Mitchell (Duplex): Two 1-bedroom units, both rented at $1,250/month, totaling $2,500/month. Combined gross monthly income is $7,350, with clear value-add potential. The portfolio includes six fully renovated and tenanted units, one rented but unrenovated unit, and one gutted unit awaiting completion. All three properties have received major upgrades, including newer roofs (2015), updated windows, siding, soffits, eaves, and modernized plumbing. With seven units legally recognized by the City, this is a rare, high-yield investment offering both immediate income and long-term appreciation potential.
Price $1,100,000
Taxes: $5,499
Occupancy by: Tenant
Address: 224 MITCHELL Stre , Port Colborne, L3K 1Y3, Niagara
Directions/Cross Streets: MITCHELL / LOUIS ST
Rooms: 10
Bedrooms: 11
Bedrooms +: 0
Washrooms: 7
Family Room: F
Basement: None
No. of Pieces Level
Washroom 1 3 Main
Washroom 2 3 Upper
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 3 Main
Washroom 7 3 Upper
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Multiplex
Style: 2-Storey
Exterior: Stucco (Plaster)
Wood
Garage Type: None
(Parking/)Drive: Other
Drive Parking Spaces: 2
Park #1
Parking Type: Other
Park #2
Parking Type: Other
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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LUXE HOME TOWN REALTY INC.

224 MITCHELL Stre , Port Colborne, L3K 1Y3, Niagara

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: Port Colborne
Neighbourhood: 876 - East Village
Style: 2-Storey
Lot Size: x 90.00(Feet)
Approximate Age: 51-99
Tax: $5,499
Maintenance Fee: $0
Beds: 11
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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