3993 Wellington Court, Fort Erie, ON L0S 1B0
Fort Erie, ON, L0S 1B0 · 337 - Crystal Beach
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.
Features & Amenities
- Basement: Partial Basement
- Garage: None
- Cooling: None
- Heat Type: Baseboard
- Heat Source: Electric
- Style: 2-Storey
- Construction: Aluminum Siding, Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 2-Storey |
| Bedrooms | 8 |
| Bathrooms | 4 |
| Lot Size | 0 Feet |
| Basement | Partial Basement |
| Garage | None |
| Parking Spaces | 8 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $4,092 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Separate Hydro Meter, Water Heater Owned
Exterior Features
- Exterior Features
- Year Round Living
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Aluminum Siding, Vinyl Siding
- Foundation Details
- Concrete Block, Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Partial Basement
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 8
- Parking Total
- 8.00
- Parking Features
- Private Double
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 0.33
- Lot Size Units
- Feet
- Lot Depth
- 123.00
- Lot Width
- 64.00
Community & Neighborhood
- Property Features
- Level
Financial & Tax
- Tax Annual Amount
- $4,092
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- FLEXIBLE w/tenants
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 16
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 8
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Niagara
- Cross Street
- DERBY AND WELLINGTON
- Directions
- DERBY ROAD TO WELLINGTON COURT
- Special Designation
- Unknown
- Showing Requirements
- Showing System, List Salesperson
Location
3993 Wellington Court, Fort Erie, ON L0S 1B0, Fort Erie, ON, L0S 1B0