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    For Sale - 3993 Wellington Court, Fort Erie, Ontario

    Est payment $2,881/mo
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    Views   2
    Time on Jump  56 day

    AI Summary *

    • Well-maintained fourplex with four 2-bedroom apartments for rental income.
    • Solid building with numerous updates, including windows and roof.
    • Room for expansion on a spacious .32 acre lot.
    • Long-term tenants in place with opportunity for rent increases.
    • Low monthly expenses make this a smart investment choice.




    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.
    Listing IDX13681028
    Address3993 Wellington Court
    CityFort Erie, Ontario
    Price$599,900
    Bed / Bath8 / 4 Full
    Style2-Storey, Fourplex
    ConstructionAluminum Siding, Vinyl Siding
    Land Size0.326
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Hydro Meter, Water Heater OwnedOutdoor Features Year Round LivingAmenities LevelOwnership FreeholdBasement Partial BasementFoundation Concrete Block, Poured ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 8.00
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    Listing Brokerage: ROYAL LEPAGE NRC REALTY

    * 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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    3993 Wellington Court
    Fort Erie , Ontario
    8 4 $599,900
    Get more info