129 Durham St
Port Colborne, L3K 1E1
FOR SALE
$599,900
Sold
$590,000

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6
BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSX7001462
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-09-14 | 2023-10-12 | 30 | $599,900 | $590,000 | Sold |
2023-07-11 | 2023-07-27 | 16 | $624,900 | - | Terminated |
2023-06-02 | 2023-07-12 | 40 | $624,900 | - | Terminated |
2023-05-09 | 2023-06-02 | 24 | $634,900 | - | Terminated |
2023-04-18 | 2023-05-10 | 22 | $649,900 | - | Terminated |
2022-10-12 | 2022-10-27 | 15 | $299,900 | - | Terminated |
2022-04-07 | 2022-04-29 | 23 | $349,900 | $340,000 | Sold |
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Property Description
This Property Offers Four Suites, Two In The Front Structure And Two In The Back, All Currently Vacant, Allowing You To Choose Your Tenants And Secure Top-Market Rent Near The 1% Rule With A Potential Noi Of $50,000 Upon Filling Vacant Units. Each Suite Has Separate Meters For Hydro And Water, With Sub-Meters Installed, Leaving Only Gas Expenses To The Landlord. Tenants Benefit From Ample Off-Street And Street Parking Options. Shared Laundry Facilities Are Available On-Premise For Added Convenience. Located In An Area With Affordable Property Taxes, Strong Rental Demand, And Low Vacancy Rates, 129 Durham St Provides A Practical Investment Opportunity. The Charming City Of Port Colborne Offers Residents Easy Access To Marinas, Parks, And The Welland Canal, Making It An Appealing Choice For Tenants Seeking A Well-Balanced Lifestyle. Capital Improvements Made In 2022/2023 Include A New Furnace For Units 3 & 4 In The Back Structure, New Windows, Roof, Soffit, Eavestrough, And Gutters.
Extras
The Front Structure's Roof Remains In Excellent Condition. The Property Is Insulated And Features Sub-Meters For Hydro And Water. Further Cosmetic Enhancements In 2022/2023 Include New Interior And Exterior Doors, Contemporary Kitchens..
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