$749,000

Investment For Sale In Ridgeway, Fort Erie (Ridgeway), Ontario

$749,000

Property Information:

Beautiful 3 unit income property in Ridgeway. Fully rented with great tenants. Presently brings in $43,632 of rental income per year. Located in a desirable Ridgeway residential/commercial area, backing onto green space while also being close to downtown amenities. Configured as three rental units (two 2-bedroom units and one bachelor). The largest 2-bedoom apartment offers large principal rooms, a bright kitchen with built-in cabinets, double-wide fridge, and large stove, open concept living and dining area and 4-piece bath. Enjoy outdoor living on the covered front porch or private rear deck overlooking the yard and surrounding trees. The expansive lot includes ample parking with a driveway and concrete pad accommodating up to 4-5 vehicles. Convenient location near schools, shops, and parks. Excellent opportunity for investors to add to their portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Concrete, Steel
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Amenities Nearby: Public Transit, Park
  • Features: Carpet Free
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 111.0 Feet
  • Lot Frontage: 60.0 Feet
  • Lot Size: 60 x 111 FT
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

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.