Two-story exterior with light-colored siding, a dark shingle roof, and a gravel parking area Features: horizontal siding, shed, outdoor structure, fire pit, lawn, fence, shingle roof, gutters, downspout, parking pad, concrete block foundation More Photos

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    For Sale - 3705 WILLSON Street, Fort Erie, Ontario

    Est payment $4,081/mo
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    Views   2
    Time on Jump  107 day

    AI Summary *

    • Well-maintained fourplex with legal non-conforming status for investment.
    • Four self-contained units with consistent rental income from tenants.
    • Strong projected cap rate around 6.8% for solid returns.
    • Updated major components including roof, siding, and furnace for peace of mind.
    • Located near Crystal Beach, shopping, and restaurants for tenant convenience.




    Exceptional investment opportunity in the heart of ridgeway! Welcome to 3705 willson street - a well-maintained legal non-conforming fourplex situated on a large corner lot with ample parking and tremendous long-term upside. This turnkey income property features four self-contained units comprised of two 2-bedroom units and two 1-bedroom units, all currently tenanted on month-to-month leases. The 2-bedroom units generate $1,650/month each, while the 1-bedroom units generate $1,300/month each, offering strong and consistent rental income. With a projected cap rate of approximately 6. 8%, this property presents an attractive opportunity for investors seeking solid returns. Pride of ownership is evident throughout. The building has been extremely well maintained, with updated major components including a metal roof, newer siding, and a newer furnace. All units are in excellent condition and have been carefully cared for, making this an ideal opportunity for both seasoned and first-time investors. Located in desirable ridgeway, just minutes from crystal beach, shopping, restaurants, and local amenities, this property offers strong tenant appeal in a growing rental market. With a strong income stream, excellent condition, and plenty of future potential, this is a rare opportunity to add a solid multi-residential asset to your portfolio.
    Listing IDX13482640
    Address3705 WILLSON Street
    CityFort Erie, Ontario
    Price$849,900
    Bed / Bath6 / 4 Full
    Style2-Storey, Fourplex
    ConstructionOther, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Hydro Meter, StorageOutdoor Features Year Round LivingAmenities Beach, Level, School, ParkOwnership FreeholdWaterfront NoneBasement Partial Basement, UnfinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Brokerage: RE/MAX NIAGARA REALTY LTD, BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    3705 Willson Street
    Fort Erie , Ontario
    6 4 $849,900
    Get more info