40
129 Durham Street
Free account required
$634,900 List $634,900 Terminated
Terminated 810 days ago
· 6
· 3
· 3
· 1500-2000
Listing History
Buy/Sell/Terminated/Expired listing history for 129 Durham Street
Key Facts
Key facts for 129 Durham Street
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 3 parking
MLS #
X5965600
Size
1500-2000 sqft
Basement
None
Listed on
2023-05-08
Lot size
31 x 88.0
Tax
$1,355 /yr
Days on Market
834
Approximate Age
51-99
Maintenance Fee
-
Description
Discover a solid investment opportunity at 129 Durham St, Port Colborne. This property offers four suites, two in the front structure and two in the back, all currently vacant, allowing you to choose your tenants and secure top-market rent near the 1% rule with a potential NOI of $50,000 upon fillin...g vacant units. Each suite has separate meters for hydro and water, with sub-meters installed, leaving only gas expenses to the landlord. Tenants benefit from ample off-street and street parking options. Shared laundry facilities are available on-premise for added convenience. Located in an area with affordable property taxes, strong rental demand, and low vacancy rates, 129 Durham St provides a practical investment opportunity. Capital improvements made in 2022/2023 include a new furnace for units 3 & 4 in the back structure, new windows, roof, soffit, eavestrough, and gutters.
Similar Properties (No results)
Room Types
Bathroom
-
Dimensions - feet
0 sqft
Bedroom
-
Dimensions - feet
0 sqft
Kitchen
-
Dimensions - feet
0 sqft
Courtesy of: RE/MAX ESCARPMENT REALTY INC.