Size
-
Lot size
503.63 sqm
Street frontage
N
Possession
Flexible
Price per sqm
$2,694 - $3,360
Taxes
$3,097 (2024)
Parking Type
Detached Garage
Style
3-Storey
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Description
Discover the perfect investment opportunity in the heart of Fort Erie. This spacious large brick and concrete block 4-plex offers the ideal combination of versatility and potential income. With an attached carport and a detached 2-car garage, there are options to maximize your rental income. This property features four distinct units, catering to a variety of tenant needs. There's one cozy bachelor apartment, two spacious one-bedroom units, and a generous two-bedroom apartment. The third-floor one-bedroom apartment is a unique gem, offering exclusive access to a rooftop space with breathtaking views of the Buffalo skyline. Apartment #2 (Bachelor) $850, Apartment #1 (one bedroom - currently rented) $820, Apartment #3 (2 bedroom and currently rented) $769 and Apartment #4 (one bedroom - vacant) Potential rent $1250 . All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 1. One unit currently vacant, providing an excellent opportunity for the new owner to take possession for personal use or set competitive rental rates for incoming tenants. With a little vision and the potential to rent out individual garage bays, this investment promises both immediate returns and long-term value. Don't miss out on this chance to own a piece of Fort Erie real estate with incredible potential. Recent improvements include a new exterior staircase to 3rd floor, updated bathroom in apartment 4 and exterior has been painted.
EXTRAS:
EXTRAS:
Broker: RE/MAX NIAGARA REALTY LTD, BROKERAGE
MLS®#: X10203408
Property details
Parking:
5
Parking type:
Detached Garage
Property type:
Multiplex
Heating type:
Water
Style:
3-Storey
MLS Size:
186-232 sqm
Lot front:
24.99 M
Lot depth:
20.12 M
Listed on:
Oct 31, 2024
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Ground | Br | 0.0 x 0.0 m |
Instant estimate:
orto view instant estimate
$54,990
lower than listed pricei
High
$581,410
Mid
$570,010
Low
$515,123