Address
3993 Wellington Court, Fort Erie (Crystal Beach), ON
Price
$ 599,900
Property Attributes
  • ID#X13681028
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityFort Erie (Crystal Beach)
  • CityFort Erie (Crystal Beach)
  • Neighbourhood337 - Crystal Beach
  • Postal CodeL0S 1B0
  • Style19
  • Price$ 599,900
  • Bedrooms8
  • Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2500
Data Source:
RLP - CREA EN
Property Description

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 Features

Zoning R2
Terms SALE
Neighbourhood 337 - Crystal Beach
Property Sub Type MULTI-FAMILY
jumpId 28985457
Property Subtype French MULTI-FAMILY
Listing Type French Investment
MLS X13681028
Appliances Water meter
Building Type Fourplex
Features Level lot, Flat site
Property Type Multi-family
Sewer Sanitary sewer

Interior Features

Living Area Range 2500 sqft
Bedrooms 8
Basement Type Partial
Cooling Type None
Foundation Type Block, Poured Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Beds 8
Total Baths 4
Total Baths 4

Exterior Features

Exterior Finish Aluminum siding, Vinyl siding
Parking Type No Garage

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L0S 1B0

Price
AVG $880K
$600K

Your Agent

Mike Reles

Sales Representative

905-325-7334

Listed By
Phil Smith with Royal LePage NRC Realty ; Sarah Randall