$2,650,000

Investment For Sale In Fort Erie North, Fort Erie (Central), Ontario

$2,650,000

Property Information:

This exceptional 9-unit apartment building has been meticulously rebuilt from the ground up, offering modern amenities and a turn-key investment opportunity. Each unit boasts its own gas forced air furnace and central air conditioning, ensuring personalized comfort year-round. With in-unit washer and dryer facilities, tenants enjoy unparalleled convenience. Generating an impressive $210,000+ in annual income, this property is a solid addition to any investment portfolio. The expansive parking lot provides ample space for tenants and guests, enhancing the property's appeal. Located just a short walk from the picturesque Niagara River and moments from downtown Fort Erie, the building is perfectly positioned for both residents and investors seeking accessibility and charm. Professionally managed and fully operational, 21 Wintemute represents a rare opportunity to own a hassle-free, income-generating property in a prime location. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 9000 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dryer, Washer

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Recreation
  • Features: Irregular lot size
  • Floor Space (approx): 9000 Square Feet
  • Irregular: Yes
  • Lot Depth: 176.0 Feet
  • Lot Frontage: 95.7 Feet
  • Lot Size: Bldg=95.69 x 176 FT
  • Zoning: RM2-585
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 18

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.