Realestate

Property Details

1 of 27
$599,900
3993 Wellington Court, Fort Erie, ON L0S 1B0
8
4
MLS®X13681028
Property Type
Residential Freehold
Sub Type
Fourplex
Heating
Baseboard
Cooling
None
Lot Size
123 x 64 Feet
Approx Age
N/A
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.
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