25 Sugarloaf St., Port Colborne

4% ROI / Listed for$1,645,000

25 Sugarloaf Street was built in 1868 with a lot of the character still in tact. This property is offered at 4% ROI with current rents! This building was once operating as an 8 x one bedroom apartments. In 2019, it was professionally renovated via permits with the City of Port Colborne down to a 6 unit apartment building. It is made up of 4 x 1 bed/1 bath units & 2 x 3 bed/2 baths. Gross income as of August 1, 2022 is $78,360. Actual 2021 expenses are: $12,590. Net profit: $65,770. 
Property Taxes: $8,366/2021


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