3993 WELLINGTON COURT, Fort Erie (Crystal Beach)
8 BEDS · 4 BATHS · 2000 - 2500 sqft
$574,900
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.
General Info
| MLS Listing ID: X13681028 | Bedrooms: 8 | Bathrooms: 4 | Year Built: 0 |
| Listing Type: Multi-family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Block, Poured Concrete | Roof: N/A | Title To Land: N/A | Parking Space Total: 8 |
| Parking: No Garage | Heating: Baseboard heaters | Size: 2000 - 2500 sqft | Air Conditioning : None |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: Smoke Detectors, Alarm system | Basement: Partial |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |
Listed BY: Phillip Smith, ROYAL LEPAGE NRC REALTY
Amenities/Features
- Level lot
- Flat site
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