For Sale

$599,900

3993 WELLINGTON COURT , Fort Erie (Crystal Beach), Ontario L0S1B0

8 Beds 4 Baths

Remarks

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:27)

Property Summary

  • Neighbourhood: 337 - Crystal Beach
  • Lot Frontage: 64 Feet
  • Lot Depth: 123 Feet
  • Lot Size: 64 x 123 FT
  • No. of Parking Spaces: 8
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Bedrooms: 8
  • Bathrooms (Total): 4
  • Zoning: R2

Property Features:

  • Equipment Type:
    None
  • Features:
    Level lot , Flat site
  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Rental Equipment Type:
    None
  • Sewer:
    Sanitary sewer
  • Utility Type:
    Hydro - Installed
  • Utility Type:
    Sewer - Installed
  • Utility Type:
    Cable - Available

Building Features:

  • Amenities:
    Separate Hydro Meters
  • Appliances:
    [] , Water meter
  • Basement Type:
    Partial
  • Building Type:
    Fourplex
  • 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
Lifestyle
Neighbourhood Info
David T. Hartwell

David T. Hartwell

Broker

Phone:  905.688.4561

Mobile:  905.984.9975

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Royal LePage NRC Realty, Brokerage (Independently owned and operated)

33 MAYWOOD AVENUE
St. Catharines,  ON L2R1C5

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