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

7 Bedroom 4 Bathroom 3552
None Forced Air

$649,900

Attention Investors!! This multi-residential home offers a great investment opportunity for anyone looking to break into the rental property market. With four separate units, including one one-bedroom and three two-bedroom units. All four units are being occupied by reliable tenants, making this an ideal hassle-free investment. With the potential to raise rental prices to market value, this investment has the added advantage of providing even greater profits in the future. Tenants pay heat and hydro, water is covered by the Landlord. The 1 bedroom unit located on the lower level boasts an open-concept layout and features updated kitchen cabinets. Meanwhile, the upper unit boasts newly installed flooring. The right wing of the four-unit residential building comprises two additional units. The spacious lower unit offers two generously proportioned bedrooms, a den, an eat-in kitchen with recently replaced cabinets, and an exceptionally large living room. The location is perfect as it is only a street away from Jarvis which is currently undergoing improvements by the city. Additionally, the street ends at the Niagara River. Overall, this is an amazing opportunity that investors should not pass up. (id:49476)

Property Details

MLS® Number 40471568
Property Type Multi-family
Equipment Type Water Heater
Features Crushed Stone Driveway
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Total 7
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Metal, Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3552
Type Fourplex
Utility Water Municipal Water

Parking

None

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 135 Ft
Size Frontage 77 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rm2

https://www.realtor.ca/real-estate/25966927/48-50-courtwright-street-fort-erie

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Joshua Mackenzie
Salesperson

(905) 321-1470
joshuamackenzie@kellerwilliamsrealty.ca

Keller Williams Complete Niagara Realty, Brokerage
87 Lake Street, Unit 113
St. Catharines, Ontario L2R 5X5

(905) 688-6688

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