Homes for Sale in Niagara Region—

Residential Income For Sale

3,552 Sqft - 48-50 Courtwright Street, Fort Erie, Ontario L2A 2R7

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Property Description

Attention Investors !! This 4 Plex has three (3)- 2 bedroom units and one (1) – 1 bedroom unit. Currently there is a vacant 2 bedroom unit that needs work but would allow the new owner to collect market rent and bring current gross rent up. This multi-Family building has the potential to gross over 70k a yr when rents are brought up to market value. Tenants pay heat and hydro, water is covered by owner “$2820”. Currently there are 3 amazing tenants in the building. The lower 1 bedroom unit is open-concept and has newer kitchen cabinets. The upper unit is rented and has new flooring. The right side of the 4-plex consists of 2 more residential units. The large lower unit is rented and has 2 nice sized bedrooms, a den, large eat-in kitchen with new cabinets and a very large living room. The upper unit is vacant and ready for you to update it. One street over is Jarvis and the city is currently working on updates and improvements. The Niagara River is located at the end of the street

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 40341921
Price : $749,900
Bedrooms : 7
Square Footage : 3,552 Sqft
Square Footage : 3,552 Sqft
Status : Active
Property SubType : Multi-4 Unit
Features
Heating System : Forced Air, Natural Gas
Basement : Full, Unfinished
Parking : 4
Garage Spaces : 0
Interior Features : Other
Lot Features : Rectangular, Urban, Other
Parking Features : Gravel
Roof : Asphalt Shing
Security Features : Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer : Sewer (municipal)
Address
Province : Ontario
Region : Niagara
City : Fort Erie
Neighbourhood : Fort Erie
Postal Code : L2A 2R7
Street : 48-50 Courtwright Street
Floor Number : 0
Directions : CENTRAL
Additional MLS Details
Office Name : KELLER WILLIAMS COMPLETE NIAGARA REALTY, BROKERAGE
Agent Name : Joshua Mackenzie
Architectural Style : 1 Storey/apt
Construction Materials : Vinyl Siding, Metal/steel Siding
Foundation Details : Concrete Block, Stone
Inclusions : Hot Water Tank Owned
Agent MlsId : NINR4512
Office MlsId : NI523
New Construction : 1
Number Of Units : 4
Stories Total : 2
Water Source : Municipal
Zoning : C2A-419
MLSAreaMinor : 331 - Central Ave
Residential Income For Sale
  • Listing ID : 40341921
  • Bedrooms : 7
  • Square Footage : 3,552 Sqft
$749,900
Contact Agent
Contact Agent

Address

Royal LePage NRC Realty Compass Estates
33 Maywood Avenue
St. Catharines, ON
L2R 1C5

Administrative Office

1 Keefer Road
St. Catharines, ON
L2M 7N9

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