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FOURPLEXACTIVEMLS® X13681028
3993 Wellington Court, Fort Erie, ON L0S 1B0
Fort Erie, ON, L0S 1B0
BEDROOMS
8
BATHROOMS
4
LIVING AREA
2000-2500 sqft
KITCHENS
4
PARKING
8
HEATING
Electric
About this residence
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 details
- Property type
- Fourplex
- Total rooms
- 16
- Garage
- None
- Parking spaces
- 8
- Annual taxes
- $4,092 (2025)
- Possession
- Flexible
- Directions
- DERBY ROAD TO WELLINGTON COURT
Location
COMPARABLE IN FORT ERIE
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