3993 Wellington Court, Fort Erie, Ontario L0S 1B0

Listed for:
$599,900
8 beds
4 baths
Listed 1 day ago
Fourplex for rent: 3993 Wellington Court, Fort Erie, Ontario L0S 1B0

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About

Cross Streets: DERBY AND WELLINGTON. ** Directions: DERBY ROAD TO WELLINGTON COURT. 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. (id:27476)

Property Highlights

MLS® Number
X13681028
Type
Multi-family
Community Name
337 - Crystal Beach
Land Size
64 x 123 FT
Parking Space Total
8

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2000 - 2500 sqft
Bathrooms Total
4
Bedrooms Above Ground
8
Bedrooms Total
8
Amenities
Separate Electricity Meters
Exterior Finish
Aluminum siding, Vinyl siding
Fireplace Present
No
Basement Type
Partial
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE NRC REALTY
MLS® number:
X13681028
Agent:
Phillip Smith
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