LOADING

11377 #3 Highway Port Colborne, Ontario L3K 5V4

7000 sqft
Multi-Unit Fireplace Forced Air, Boiler

$1,500,000

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! (id:37008)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number H4121151
Property Type Multi-family
Amenities Near By Golf Course, Schools
Community Features Quiet Area
Equipment Type None
Features Golf Course/parkland, Beach, Paved Driveway, Crushed Stone Driveway, Country Residential, Sump Pump
Parking Space Total 30
Rental Equipment Type None

Building

Appliances Dishwasher, Dryer, Refrigerator, Stove, Oven
Architectural Style Multi-unit
Basement Type None
Construction Style Attachment Detached
Exterior Finish Aluminum Siding, Brick, Vinyl Siding
Fire Protection Smoke Detectors
Fireplace Fuel Wood
Fireplace Present Yes
Fireplace Total 1
Fireplace Type Other - See Remarks
Heating Fuel Natural Gas
Heating Type Forced Air, Boiler
Stories Total 1
Size Exterior 7000 Sqft
Size Interior 7000 Sqft
Type Fourplex
Utility Water Cistern

Parking

Attached Garage
Detached Garage
Gravel
Other

Land

Acreage No
Land Amenities Golf Course, Schools
Sewer Septic System
Size Depth 229 Ft
Size Frontage 264 Ft
Size Irregular 264 X 229.35
Size Total Text 264 X 229.35|1/2 - 1.99 Acres
Zoning Description A1-5,14

https://www.realtor.ca/real-estate/23818349/11377-3-highway-port-colborne