608 King Street Port Colborne, Ontario L3K 4H7

$474,900

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 is vacant & 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 individually) & both units have their own laundry hook ups. There is a mutual drive to enter the property, then lots of private parking at the back. 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 or first time home buyer looking for additional support with their bills. Current annual income (if both units occupied): $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:53712)

Property Details

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https://www.realtor.ca/real-estate/28160572/608-king-street-port-colborne-877-main-street-877-main-street