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

Sale $599,900  | 
Listing # X13681028
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David T. Hartwell

David T. Hartwell

Broker

Phone: 905.688.4561
Mobile: 905.984.9975

davidhartwell@royallepage.ca
www.gethartwell.ca

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

Brokerage

33 MAYWOOD AVENUE
St. Catharines,  ON L2R1C5

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)

Investment

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