608 King Street Port Colborne, Ontario L3K 4H7

3 Bedroom 2 Bathroom
Window Air Conditioner Forced Air

$525,000

Are you a first time home buyer looking for a property that comes with a tenant to support with the bills? The main floor of this duplex will be vacant March 1 & ready for you! The upper tenant is an excellent long standing tenant looking to stay. If you're an investor looking to add to your portfolio, you can chose your own tenant for the main floor. This property has received tons of updates since 2017 including the red board & batten siding, fascia, eaves, decks, both furnaces, electrical, kitchens, painting, flooring, trim, proper fire separated ceiling, bathroom vanities and more! This duplex has 2 separate gas & hydro meters (tenants pay) and ample parking behind the building. There is a mutual drive to enter the property. The main floor is an oversized open concept 2 bedroom, 1 bathroom (4pc) unit with tall ceilings and private access to back deck (previous rent $1,575 + gas/hydro). The upper unit is an open concept 1 bedroom, 1 bathroom (3pc) with a rooftop private deck (Current rent: $1260.75 + gas/hydro). This is a turnkey investment ready for a new landlord. Current annual income: $34,029! Set your new rent for main floor unit and you're off to the races. Please see attached income, expense and disclosures. Note: Photos from prior tenancies & the little brown bungalow is not attached - 610 King is a separate property entirely. (id:47351)

Property Details

MLS® Number X11942538
Property Type Single Family
Community Name 877 - Main Street
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater
Structure Deck, Porch

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Amenities Separate Electricity Meters
Appliances Microwave, Refrigerator, Stove
Cooling Type Window Air Conditioner
Exterior Finish Wood, Vinyl Siding
Foundation Type Slab
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 133 Ft ,7 In
Size Frontage 31 Ft ,6 In
Size Irregular 31.57 X 133.66 Ft
Size Total Text 31.57 X 133.66 Ft

https://www.realtor.ca/real-estate/27846720/608-king-street-port-colborne-877-main-street-877-main-street