Fort Erie - 332 - Central
Listed For $599,900
Get Pre-approvedTerminated Jan 2024
OVER 7.75% CAP RATE! Incredible legal triplex opportunity with over $52,000 projected income! Ideal for investors seeking positive cash flow or homeowners looking to offset expenses by living in one unit and renting the others. One unit currently vacant allows you to handpick tenants and set market rent for maximum returns. Other two units at or very close to market rents ($1500+hydro, $1283+hydro). Three spacious units, one 2 bedroom unit, two 2+1 bedroom units and plenty of parking! Detached garage for additional income potential. Separate hydro meters to ensure tenant responsibility, the landlord only pays for water. Individual HWTs, all owned. Units 1 & 2 have in-suite laundry. Recent updates: roof shingles (2021), bathrooms, kitchens, flooring, paint, drywall. Close to all amenities i
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