3993 Wellington Court Fort Erie, Ontario L0S 1B0

8 Bedroom 4 Bathroom 2,000 - 2,500 ft2
None Baseboard Heaters

$599,900

Excellent 4 plex features 4 2 bedroom apartments and incredible future income and expansion potential! Solid building with many updates. 4 separate hydro meters. 4 separate gas meters. Nice, neat and clean. Updated windows, and roof. Located on .32 of an acre, this lot offers lots of room for expansion and the creation of additional units. (Buyer to verify with the Town of Fort Erie). Very reasonable expenses. Average water bill is $156.00 and insurance is $242.00 per month. 4 long term tenants. Current rents are substantially under market value. A new owner can renovate each unit as they become available, and increase the rents to market level. Wonderful opportunity for a patient and experienced real estate investor. (id:34139)

Property Details

MLS® Number X13681028
Property Type Multi-family
Community Name 337 - Crystal Beach
Equipment Type None
Features Level Lot, Flat Site
Parking Space Total 8
Rental Equipment Type None

Building

Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Total 8
Amenities Separate Electricity Meters
Appliances Water Heater, Water Meter
Basement Type Partial
Cooling Type None
Exterior Finish Aluminum Siding, Vinyl Siding
Fire Protection Smoke Detectors, Alarm System
Foundation Type Block, Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 123 Ft
Size Frontage 64 Ft
Size Irregular 64 X 123 Ft
Size Total Text 64 X 123 Ft
Zoning Description R2

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30161909/3993-wellington-court-fort-erie-crystal-beach-337-crystal-beach

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RE/MAX Garden City Realty Brokerage
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© 2024 Denise Kennedy, Sales Representative with RE/MAX Garden City Realty Brokerage