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 a distinctive 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 a premium. 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. Unit mix includes 2x1 bed, 6x1 bed+den, and 1x2 bed+den. (id:61594)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X12757304 |
| Property Type | Multi-family |
| Community Name | 877 - Main Street |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Other |
| Size Interior | 6,634 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 124 Ft ,5 In |
| Size Frontage | 99 Ft ,9 In |
| Size Irregular | 99.8 X 124.44 Ft |
| Size Total Text | 99.8 X 124.44 Ft |
| Zoning Description | Cp |
https://www.realtor.ca/real-estate/29323207/20-erie-street-port-colborne-main-street-877-main-street
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