Golf Course
Address
11377 #3 Highway Port Colborne, ON
Price
$ 1,500,000
Property Attributes
  • MLS#H4121151
  • TypeMulti-Family
  • CityPort Colborne
  • AreaPort Colborne - Wainfleet
  • NeighbourhoodMorgans Pt.
  • Postal CodeL3K 5V4
  • Style1 Storey/Apartment Style
  • Price$ 1,500,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage7000
Listing Provided Courtesy Of:
Royal LePage NRC Realty Inc.
Data Source:
Canada - REALTORS® Association of Hamilton-Burlington (RAOHB) - 409 - CAN
Property Description

Incredible Port Colborne Investment Opportunity! Offering a 7000 square foot, 4 unit apartment building with 800 square foot store front and an almost 1/2 acre chain link fenced in secure storage compound for extra income. All units offer 2 bedrooms, 1 bathroom, living room, large kitchen, and dining area. Gross income of $78,000 per year. The Landlord is responsible for all utilities including heat, hydro, satellite/internet and water. Highlights include new gas fired boiler, 6000 gallon cistern with new pump, filters and ultra violet Ozone system, new 'Waterloo Biofilter 2' system 2019 (monitored by Waterloo), new roof on apartments, a 20 x 100 sq ft storage building - divided into 10 sections with electricity (6 spaces rented), a 20 x 30 sq ft storage building with electricity (rented), and a 20 x 40 sq ft building currently used as a woodworking shop. Great highway exposure, plus easy access to Lake Erie, Port Colborne, QEW and 30 minutes to the Peace Bridge. Rarely do cash flowing income properties come available in this area. Call today for your opportunity to increase your revenue, & overall net worth!

Price History
11/11/2021 Listed $1,500,000

General Features

Age 51-99 Years
Parking Attached, Detached, Other (see Remarks)
Property Type Multi-Residential
Style 1 Storey/Apartment Style
Sub Type 4 Units
Type Detached

Interior Features

# of Fireplaces 1
A/C Type None
Heat Type Forced Air, Hot Water
Laundry Access In Area, Shared
Laundry Y/n Yes
Total Baths 0.00

Exterior Features

Exterior Aluminum Siding, Brick, Vinyl Siding
Foundation Slab
Lot Depth 229.35
Lot Front 264.00
Lot Shape Rectangular
Sewers Septic

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L3K 5V4

Price
AVG $1.5M
$1.5M
Visits
AVG 2
1