3993 Wellington Court, Fort Erie, ON L0S 1B0
Fort Erie, ON L0S 1B0
About this property
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.
Property facts & features
- Property type
- Fourplex
- MLS® number
- X13681028
- Source status
- Price Change
- Bedrooms
- 8
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- L0S 1B0
- Parking spaces
- 8
- Garage
- None
- Lot depth (source units)
- 123
- Annual property tax
- 4092
- Basement
- Partial Basement
- Laundry
- Not provided
- Interior features
- Separate Hydro Meter, Water Heater Owned
- Exterior features
- Year Round Living
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Price Change · $574,900
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Explore active properties in Fort Erie →Listing brokerage: ROYAL LEPAGE NRC REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13681028. Information deemed reliable but not guaranteed.