177 Erie ST new

Port Colborne,ON L3K 4M5

$ 499900

4 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 877 - Main Street

MLS Listing ID X12101283

Style 2-Storey

Bedrooms 4

Building Age 51-99

Annual Tax Amount $2,833

Tax Year 2024

Property Sub-Type Duplex

Property Description

Welcome to a smart first step into home ownership! This charming, well-maintained duplex is an ideal opportunity for anyone looking to enter the real estate market with the added benefit of built-in rental income. Whether you're looking to live in one unit and rent the other, or add to your investment portfolio, this property is a great place to start. Both units are currently occupied by excellent, long-term tenants who keep their spaces clean. The main floor apartment offers two bedrooms, a bright living space, in-suite laundry, and exclusive use of the detached garage perfect for extra storage or parking. The unfinished basement adds even more flexibility for future updates. This tenant is paying $1,220/month plus gas and hydro.The upper-level unit also features two bedrooms and an inviting, open-concept living area with a cozy fireplace. It too has its own in-suite laundry and plenty of natural light, currently rented at $1,165/month plus utilities. Both tenants are on month-to-month leases and have been in place since 2019, providing steady and reliable rental income. The furnace and water heaters date back to 2008, and while the fireplaces age is unknown, it adds warmth and charm to the upstairs unit.Located in a quiet area close to amenities, transit, and community services, this duplex is a solid step toward financial freedom and long-term growth.

Location

Province ON

County Niagara

Community 877 - Main Street

Area Niagara

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features None

Cooling None

Fireplaces Type Electric

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Topography Flat

Lot Frontage 39.5

Lot Depth 134.3

Total Parking Spaces 3

Building

Foundation Concrete Block

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