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$ 625,000
Est. payment | /mo
4 Beds
4 Baths
1,999 SqFt
$ 625,000
Est. payment | /mo
4 Beds
4 Baths
1,999 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,999 sqft
Price per Sqft $312
Subdivision 332 - Central
MLS® Listing ID X10203408
Bedrooms 4
Originating Board Niagara Association of REALTORS®
Property 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. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Ground level Measurements not available Bedroom
Interior
Heating Hot water radiator heat
Exterior
Parking Features Yes
Community Features School Bus
View Y/N Yes
View Lake view, View of water
Total Parking Spaces 5
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE