ON > Port Colborne
Port Colborne, ON L3K 3A1,246 Kent ST
Port Colborne, ON L3K 3A1,246 Kent ST
Port Colborne, ON L3K 3A1,246 Kent ST
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$485,000
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5 BD
2 BA
Active

246 Kent ST Port Colborne, ON L3K 3A1

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Sanjeev Srivastava

Sanjeev Srivastava

+1(613) 298-9035

UPDATED:

12/06/2024 01:46 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X9365293

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $3,318

Tax Year 2024

Property Description

Seize this incredible investment opportunity with a well-maintained, 1,800 sq. ft.,2 1/2-story character home in the coveted Sugarloaf district. This fully bricked residence, zoned as a "Legal Duplex," offers both charm and practicality, making it a valuable addition to your portfolio. Key Features: Prime Location: Just blocks from Lake Erie, this property is conveniently located near the hospital, marina, parks, shopping centers, and top-rated schools, ensuring high tenant demand and excellent rental potential. Separate Utilities: Each unit has its own hydro meter, with updated electrical panels , ensuring safety and efficiency. Modern Upgrades: The home features a newer boiler and hot water tank (installed in 2019), and the roof on both the house and detached garage was replaced in 2017. The two-tier steps to the second unit entrance were also replaced in 2017, and the floors and paint were refreshed in 2008. Additional Income Potential: The detached garage, with a 20'x17' addition, has a concrete floor and can be rented out as storage or a workshop, providing an extra income stream. Reliable Tenants: The property currently houses long-term tenants who pay rent month to-month, consistently on time, and maintain their units with care. This provides stability and peace of mind for potential investors. Flexible Opportunities: There is potential to negotiate new rental agreements or obtain vacant possession, offering flexibility to maximize your investment returns. This property presents numerous possibilities to optimize your investment strategy. Whether you continue with the current tenants or make adjustments to the rental agreements, the solid structure and prime location of this home ensure it will remain a lucrative asset. RENTS: MAIN FLOOR RENT $769 PLUS HYDRO AND UPPER (2ND AND 3RD FLOOR) $871.25 PLUS HYDRO

Location

Province ON

County Niagara

Community 878 - Sugarloaf

Area Niagara

Region 878 - Sugarloaf

City Region 878 - Sugarloaf

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 2

Interior

Interior Features Accessory Apartment, Separate Hydro Meter, Storage, Water Heater, Water Meter, In-Law Capability

Cooling Other

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Landscaped, Lighting, Privacy, Porch, Recreational Area, Year Round Living

Parking Features Private

Garage Spaces 3.0

Pool None

View Garden, Panoramic, Trees/Woods

Roof Type Asphalt Shingle

Topography Flat

Lot Depth 124.0

Total Parking Spaces 4

Building

Unit Features Level,Marina,Hospital,Lake Access,Park,Place Of Worship

Foundation Concrete Block

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

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agent
Sanjeev Srivastava

Realtor

+1(613) 298-9035 | info@perfecthomessanjeev.com

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246 Kent ST