20 Erie Street Port Colborne, Ontario L3K 4L7

$1,150,000

Exceptional Investment Opportunity - Rare income-producing property with character and strong upside potential in the heart of Port Colborne. This purpose-built nineplex was thoughtfully converted from a former church in 2010, creating adistinctive building with excellent unit mix and rental flexibility. This multi-unit property delivers nine self-contained residential units and a large paved parking area with 15 spaces, a significant asset in a market where parking is at apremium. Each unit benefits from separate metering and functional layouts, offering investors stable income today and strong potential to increase rents in the future. The location adds to the appeal -just minutes from downtown Port Colborne, local schools, transit options, shops, restaurants, and the scenic waterfront, making the property attractive to a wide range of tenants.Whether you're expanding your portfolio or entering the multi-family market, this well-maintained & income-producing nineplex combines character, space, and future growth opportunities in one of Niagara's established communities. (id:60365)

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https://www.realtor.ca/real-estate/29323207/20-erie-street-port-colborne-main-street-877-main-street