129 Durham Street For Sale

Port Colborne, East Village, L3K 1E1

$710,000

Description

Listed by REVEL Realty Inc., Brokerage.

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 income of up to $68,000+ 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.

Location

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  • Address: 129 Durham Street
  • Neighborhood: East Village
  • City: Port Colborne
  • State: Ontario
  • Postal Code: L3K 1E1

Property Details

  • Property ID: X12036991
  • Property Price: $710,000
  • Style: Fourplex, 2-Storey
  • Rooms: 13
  • Bedrooms: 6
  • Bath: 4
  • Parking Spaces: 4
  • A/C: Central Air
  • Central Vac.: N
  • Den: N
  • Exterior: Vinyl Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $3,900.00 (2024)
  • Acreage: < .50 Acres
  • Lot: 88.84x31 (Feet)

Property History

This property has been sold 5 times before. To view this property's sale price history please sign in or register:


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Recently Sold

  • Semi-Detached House sold at 74 Mcnaughton Street, Cambridge, N1R 1Z3 - MLS: X11821469
    • Sold 53 days ago

    74 Mcnaughton Street

    Cambridge, N1R 1Z3

    $786,000

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100