FARHANG RAFII
Sales Representative
$689,000
Available - For Sale
Listing ID: X12080125
129 Durham Stre , Port Colborne, L3K 1E1, Niagara
| This exceptional property offers four spacious suites; two in the front building - both equipped with 2 beds + 1 bath.. and two units in the rear - both equipped with 1 bed + 1 bath. With three units vacant at closing, you'll have the opportunity to select your tenants and achieve premium market rents, with a potential yearly income of up to $70,000+ once the vacancies are filled. The tenanted unit rent being collected is $1645.00 monthly. Each suite is equipped with separate hydro and water meters, and sub-meters are installed, leaving only gas expenses for the landlord. Tenants benefit from ample off-street and street parking, as well as convenient on-site laundry facilities.Located in a highly desirable area with affordable property taxes, strong rental demand, and low vacancy rates, 129 Durham St represents a prime investment opportunity. The property sits in the picturesque city of Port Colborne, offering residents easy access to marinas, parks, and the scenic Welland Canal making it a highly attractive location for tenants seeking a balanced, active lifestyle. Recent improvements include a new furnace for units 3 and 4 (2022/2023) + new furnace for units 1 & 2 (2025), along with upgraded windows, roof, soffits, eavestroughs, and gutters. Additional cosmetic enhancements include newly installed interior and exterior doors, as well as modernized kitchens. With excellent insulation and thoughtful upgrades throughout, this property is both efficient and low-maintenance, offering long-term value for savvy investors. |
| Price | $689,000 |
| Taxes: | $3900.00 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 129 Durham Stre , Port Colborne, L3K 1E1, Niagara |
| Directions/Cross Streets: | welland st - durham |
| Rooms: | 13 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | None |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Second | Kitchen | |||
| Room 2 | Second | Living Ro | |||
| Room 3 | Second | Bedroom | |||
| Room 4 | Main | Living Ro | |||
| Room 5 | Main | Kitchen | |||
| Room 6 | Main | Bedroom | |||
| Room 7 | Second | Kitchen | |||
| Room 8 | Second | Bedroom | |||
| Room 9 | Second | Bedroom | |||
| Room 10 | Main | Kitchen | |||
| Room 11 | Main | Bedroom | |||
| Room 12 | Main | Living Ro | |||
| Room 13 | Main | Bedroom |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 3 | |
| Washroom Type 3 | 4 | |
| Washroom Type 4 | 3 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| 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: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REVEL Realty Inc., Brokerage |
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FARHANG RAFII
Sales Representative
Dir:
647-606-4145
Bus:
416-364-4776
Fax:
416-364-5556
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Niagara |
| Municipality: | Port Colborne |
| Neighbourhood: | 876 - East Village |
| Style: | 2-Storey |
| Tax: | $3,900 |
| Beds: | 6 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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