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Property Features & Amenities
Area Features & Amenities
Proximity to Lake Erie Access to parks and recreational areas Schools Shopping centers Public transportationCultural & Historical Insights
Feng Shui
The property faces south, which is often associated with warmth, energy, and prosperity.
Numerology
The address number 224 can be interpreted as a combination of the energies of 2 and 4, emphasizing cooperation, balance, and stability.
Historical Facts
- Port Colborne was incorporated as a city in 1970 and has a rich history as a shipping and industrial hub.
- The East Village is known for its historic homes and close-knit community.
Community Character
Port Colborne is characterized by its small-town charm, diverse population, and strong community engagement, making it a welcoming place for families and newcomers alike.
Access to parks and recreational areas in 224 Mitchell, Port Colborne
8 UNIT MULTIPLEX! INCREDIBLE MULTI-UNIT INVESTMENT OPPORTUNITY IN PORT COLBORNE!Discover the potential of 220-224 Mitchell & 59 Louis, a unique multi-property package featuring three separate dwellings including two duplexes and a fourplex for a total of eight units! This cash-flowing investment boasts six fully renovated and rented units, one rented but unrenovated unit, and one gutted unit approved for a five-bedroom rooming house.224 Mitchell (Fourplex): Three renovated 1-bed units plus one gutted 5-bed unit, generating $3,700/month (with major upside once the 5-bed unit is completed).59 Louis (Duplex): A 1-bed unit and a bachelor unit, generating $1,700/month, plus a garage and shed for additional value.220 Mitchell (Duplex): Two 1-bed units, each rented at $1,250, bringing in $2,500/month.Total gross rental income of $7,900/month, with significant potential for increased cash flow once the unfinished unit is completed. All three properties have newer roofs (2015), updated windows, siding, soffits, eaves, and modernized plumbing for peace of mind. The city recognizes seven units, making this a rare and highly lucrative investment opportunity with both strong current income and future appreciation potential! (id:58062)
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