For Sale: 224 Mitchell Street, Port Colborne, ON - REW
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$664,900
11 bd • 7 ba • 5000 - 99999 sf • Multifamily
224 Mitchell Street
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$664,900
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224 Mitchell StreetPort Colborne, ON, L3K 1Y3

  • 11 Bed
  • 7 Bath
  • 5000 - 99999 Sqft
  • Multifamily

About this home

Excellent opportunity to acquire a multi-property residential investment portfolio in the growing community of Port Colborne. The offering includes three separate buildings located at 220 Mitchell St., 224 Mitchell St., and 59 Louis St., currently generating rental income from existing tenants. 220 Mitchell Street: Two tenants generating $2,500 in combined monthly rental income. 224 Mitchell Street: Currently configured with three renovated and tenanted main floor one-bedroom units plus an unfinished upstairs area. 59 Louis Street: Two dwelling units with attached garage. One unit currently generating $700 per month and one unit currently vacant. The property also features a detached garage and additional storage shed. Current combined gross monthly rental income from occupied units is $6,850. Major capital improvements across the portfolio include roof replacements (2015), updated windows, exterior siding, soffits, eavestroughs, and plumbing upgrades. Conveniently located close to amenities, parks, and the historic Welland Canal corridor. (id:63626)
Listed by: Matthew Morocco, Salesperson, RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home facts and features

Price details
List Price
$664,900
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Gross Taxes for 2025
$5,499
Home facts
Bedrooms
11
Full Bathrooms
7
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
90 feet
Frontage
60.3 feet
Exterior Finish
Vinyl siding
Heating Type
Baseboard heaters, Forced air, Electric, Natural gas
Basement Details
Partial
Agent details
Primary Agent
Matthew Morocco
Primary Broker
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Listing details
Days on REW
91 Days
Property Views
22
MLS® Number
X12887386
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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Property Insights

DeWitt Carter Public School
  • Public
  • JK - 8
ÉÉC Saint-Joseph
  • Catholic
  • JK - 8
McKay Public School
  • Public
  • JK - 8
Lakeshore Catholic High School
  • Catholic
  • 9 - 12
Port Colborne High School
  • Public
  • 9 - 12
Steele Street Public School
  • Public
  • JK - 8
St Therese Catholic Elementary School
  • Catholic
  • JK - 8
St John Bosco Catholic Elementary School
  • Catholic
  • JK - 8
St Patrick Catholic Elementary School
  • Catholic
  • JK - 8
Oakwood Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Matthew Morocco
Phone:
(905) 325-3887
Cell:
905-325-3887
Office:
905-356-9600
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.