3993 Wellington Court, Fort Erie, ON L0S 1B0
3993 Wellington Court, Fort Erie, ON L0S 1B0, Crystal Beach, Fort Erie
About this property
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.
Property information
Bedrooms
8
Bathrooms
4
Parking
8
Interior
2000-2500 sqft
Lot size
0.326 Feet
Year built
—
Kitchens
4
Systems & features
Listing history
Market demand
Buyer's Market
6.9 months of supply — 383 active, 167 sold in the last 90 days, same type & city.
Location
3993 Wellington Court, Fort Erie, ON L0S 1B0, Crystal Beach, Fort Erie
Approximate location shown. Exact address provided upon confirmed showing.
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