224 Mitchell Street, Port Colborne
- Bedrooms: 11
- Bathrooms: 7
- Added: 3 weeks ago
- Updated: 1 week ago
- Last Checked: 6 days ago
- Listed by: LUXE HOME TOWN REALTY INC.
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Listing description
This Other at 224 Mitchell Street Port Colborne, ON with the MLS Number x12339872 listed by SUNNY SINGH WALIA - LUXE HOME TOWN REALTY INC. on the Port Colborne market 3 weeks ago at $1,100,000.
Exceptional 8-Unit Multi-Property Investment /Seize this rare opportunity to own a high-performing, income-generating portfolio featuring three separate buildings across 220/224 Mitchell St. & 59 Louis St. This package includes two duplexes and one fourplex, for a total of 8 residential units with strong cash flow and future upside.224 Mitchell (Fourplex): Three fully renovated 1-bedroom units and one gutted unit approved for a 5-bedroom rooming house. Currently generating $3,750/month, with substantial income potential upon completion of the 5-bedroom unit.59 Louis (Duplex): One 1-bedroom and one bachelor unit, bringing in $1,100/month, plus added value from an on-site garage and shed.220 Mitchell (Duplex): Two 1-bedroom units, both rented at $1,250/month, totaling $2,500/month. Combined gross monthly income is $7,350, with clear value-add potential. The portfolio includes six fully renovated and tenanted units, one rented but unrenovated unit, and one gutted unit awaiting completion. All three properties have received major upgrades, including newer roofs (2015), updated windows, siding, soffits, eaves, and modernized plumbing. With seven units legally recognized by the City, this is a rare, high-yield investment offering both immediate income and long-term appreciation potential. (id:1945)
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Nearby Listings Stat Estimated price and comparable properties near 224 Mitchell Street
Active listings
2
Min Price
$1,100,000
Max Price
$1,100,000
Avg Price
$1,100,000
Days on Market
24 days
Sold listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A days
Nearby Places Nearby schools and amenities around 224 Mitchell Street
Port Colborne High School
(1.3 km)
Port Colborne
Price History
August 12, 2025
by LUXE HOME TOWN REALTY INC.
$1,100,000
