300-304 Ridge Road N, Fort Erie, Ontario L0S 1N0

Listed for:
$1,599,000
0 beds
0 baths
Listed 52 days ago
Multi-Family for rent: 300-304 Ridge Road N, Fort Erie, Ontario L0S 1N0

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Learn more about this property
Listing provided by:
REVEL Realty Inc., Brokerage
MLS® number:
X12231362
Agent:
John Johnston
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About

Cross Streets: Ridge rd and Hibbard. ** Directions: ridge road across from post office. Cash-flowing mixed-use investment in the heart of Ridgeway. This fully leased 8-unit building features 5 residential units and 3 commercial spaces, offering almost a 7% cap rate. Tenants are on separate hydro meters, with the option to convert to separate gas meters for added efficiency. The roof was replaced in 2020. Located in a growing community, this turnkey property is an excellent buy-and-hold opportunity for investors seeking stable cash flow and long-term appreciation. (id:27476)

Property Highlights

MLS® Number
X12231362
Type
Multi-family
Community Name
335 - Ridgeway
Land Size
74.05 x 187 FT

Building

Building Type
Multi-Family
Square Footage
6092 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location