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344 Fares Street Image 1

$574,800

4 days agoDuplex For Sale
bedrooms3bed
washrooms7bath
MLS - #X12185758

344 Fares Street, Port Colborne, ON L3K 1X1

1
Similar Homes Found
$500,000
Average Price
15.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Duplex

Lot size

< .50 acres

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Family Room5.79 x 4.57 mLaminateMain
Family Room3.66 x 3.35 mLaminateMain
Bathroom2.13 x 3.05 m3 Pc Bath, LaminateMain
Bathroom2.13 x 3.05 m4 Pc Bath, Tile FloorMain

About 344 Fares Street

CASH-FLOWING LEGAL DUPLEX WITH GARAGE, UPGRADES & PRIME LOCATION!A rare opportunity to own a fully separated, side-by-side legal duplex in a great Port Colborne neighborhood ideal for investors or live-in landlords seeking steady income and long-term upside.-Unit A (rented at $1,900/month + utilities):A spacious 2-storey, 2 bed, 2 bath unit featuring a bright eat-in kitchen, oversized living room, attached double-car garage, two-car drive way, private basement with laundry, central air, central vacuum, and a 4-piece bath.-Unit B (vacant market rent $1,400/month):A 1-bedroom bungalow with an open-concept kitchen/living area, 3-piece bath, large bedroom, private basement with laundry hookups, separate driveway off Alma, central vacuum, dedicated A/C unit, and newly added electric baseboard heating for fully independent climate control. The dry, oversized basement holds potential to create an additional living space in both units.-Extensive cosmetic renovations completed post-purchase, enhancing the layout, finishing, and overall appeal throughout.-Separate hydro meters already in place. After purchase, Unit Bs heating was upgraded to electric baseboards, eliminating landlord-paid gas bills and making utilities fully tenant-controlled.-Newer roof, furnace, windows, and A/C big-ticket items already handled.-Current tenants in Unit A have never missed a payment, are wonderful people, and wish to stay.-Tenants take care of exterior maintenance a hands-off setup for the new owner. Investor ROI sheet available upon request. Located in Port Colborne's desirable Killaly St E area, close to everything that matters: Nearby amenities include: De Witt Carter Public School & Lakeshore Catholic High School Nickel Beach, Friendship Trail, and HH Knoll Lakeview Park Port Colborne Historical & Marine Museum, Vale Centre, and Canal Days Festival

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Full, Development Potential

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

--

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Additional Details

Basement:Full, Development Potential
Cooling:Central Air
Heating:Baseboard
Parking Features:Private, Private Double

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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