3993 WELLINGTON COURT
Fort Erie (Crystal Beach), Ontario
MLS® X13681028
$599,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13681028
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
1 / 25Listing 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.
Property summary
- MLS® number
- X13681028
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 64 x 123 FT
- Annual property taxes
- $4,092.00
- Parking
- 8 spaces · No Garage
- Days on market
- 32 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Basement
- Partial
- Appliances
- Water meter, Water Heater
- Exterior features
- Aluminum siding, Vinyl siding
- Lot features
- Level lot, Flat site
What would this home cost you?
Based on the $599,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE NRC REALTY, RIDGEWAY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.