$595,000
245 Stanton Street
Fort Erie · 332 - Central
- 4 bd
- 4 ba
- Duplex / Multiplex
Listing brokerage: REVEL Realty Inc., Brokerage
For Sale
335 - Ridgeway, Fort Erie, ON, L0S 1N0
$849,900
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.
Monthly payment
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Estimates only, for information purposes. Calculations assume a fixed rate compounded semi-annually and do not include property taxes, condo fees, insurance or closing costs. Actual rates, payments, insurance premiums and eligibility are set by your lender; consult a licensed mortgage professional.
Listing brokerage: RE/MAX NIAGARA REALTY LTD, BROKERAGE
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$595,000
Fort Erie · 332 - Central
Listing brokerage: REVEL Realty Inc., Brokerage
$999,000
Fort Erie · 332 - Central
Listing brokerage: COLDWELL BANKER SUN REALTY
$479,900
Fort Erie · 332 - Central
Listing brokerage: Century 21 Heritage House LTD