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) $820, Apartment #1 (one bedroom) $850, Apartment #3 (2 bedroom) $769 and Apartment #4 (one bedroom) rent $1250 . Detached 2 car garage with separate units $100 each side. (currently vacant). All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 1. 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. Operation costs are approximately $12,500 per year. (id:13843)
MLS # | X10203408 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Days On Site | 254 |
Listing Provided By | RE/MAX NIAGARA REALTY LTD, BROKERAGE | Ray J Rosettani |
Bed(s) | 4 |
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Bath(s) | 4 Total |
Story(s) | 3 |
Zoning | R3 |
Property View | Lake view, View of water |
Property | 48 |
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Province | ON |
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City | Fort Erie (Central) |
Postal Code | L2A1T9 |