344 Fares ST new

Port Colborne,ON L3K 1X1

$ 574800

3 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 875 - Killaly East

MLS Listing ID X12185758

Style 2-Storey

Bedrooms 3

Annual Tax Amount $3,546

Tax Year 2024

Property Sub-Type Duplex

Property Description

CASH-FLOWING LEGAL DUPLEX WITH GARAGE, UPGRADES & PRIME LOCATION!A rare opportunity to own a fully separated, side-by-side legal duplex in a great Port Colborne neighborhood ideal for investors or live-in landlords seeking steady income and long-term upside.-Unit A (rented at $1,900/month + utilities):A spacious 2-storey, 2 bed, 2 bath unit featuring a bright eat-in kitchen, oversized living room, attached double-car garage, two-car drive way, private basement with laundry, central air, central vacuum, and a 4-piece bath.-Unit B (vacant market rent $1,400/month):A 1-bedroom bungalow with an open-concept kitchen/living area, 3-piece bath, large bedroom, private basement with laundry hookups, separate driveway off Alma, central vacuum, dedicated A/C unit, and newly added electric baseboard heating for fully independent climate control. The dry, oversized basement holds potential to create an additional living space in both units.-Extensive cosmetic renovations completed post-purchase, enhancing the layout, finishing, and overall appeal throughout.-Separate hydro meters already in place. After purchase, Unit Bs heating was upgraded to electric baseboards, eliminating landlord-paid gas bills and making utilities fully tenant-controlled.-Newer roof, furnace, windows, and A/C big-ticket items already handled.-Current tenants in Unit A have never missed a payment, are wonderful people, and wish to stay.-Tenants take care of exterior maintenance a hands-off setup for the new owner. Investor ROI sheet available upon request. Located in Port Colborne's desirable Killaly St E area, close to everything that matters: Nearby amenities include: De Witt Carter Public School & Lakeshore Catholic High School Nickel Beach, Friendship Trail, and HH Knoll Lakeview Park Port Colborne Historical & Marine Museum, Vale Centre, and Canal Days Festival

Location

Province ON

County Niagara

Community 875 - Killaly East

Area Niagara

Rooms

Family Room Yes

Kitchen 2

Interior

Cooling Central Air

Exterior

Exterior Feature Awnings,Porch Enclosed

Parking Features Private,Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Building

Foundation Poured Concrete

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