555 Niagara Boulevard, Fort Erie, ON L2A 3H3 (QEW Fort Erie to Central Ave exit. Left on Central Ave to Gilmore Rd. Right on Gilmore Rd to Niagara Blvd. Left on Niagara Blvd to 555 Niagara Blvd)
$ 399000 - MLS : X12864824

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Description

Waterfront Fourplex: Live in 1 unit and let the other 3 pay your mortgage. The Opportunity: Secure a premium waterfront lifestyle on the Niagara River while building wealth. This versatile 4-unitproperty is a "house-hacker's" dream. Live in the main building with panoramic river views or move into the private, detached coach house-live for a fraction of the cost. The Layout: Front Building: 3 units with large windows overlooking the river. Includes 3 dedicated parking spaces and a brand-new furnace (2024/25) for the main floor. Private Coach House: A detached home in the back with its own parking, attached shed, and private access via the alley off Lewis St. Perfect for privacy while you collect rent from the front building. The Financial Advantage: Individually Metered: all units have metered heat and hydro. Income Upside: Fully occupied by long-term tenants at stable, below-market rates-massive potential to increase cash flow as units turn over. Low Maintenance: Owned hot water tank and brand-new furnace. Location & Lifestyle: Enjoy riverfront tranquility steps from downtown restaurants, boutiques and banks. Highlights:-4-Unit Residential (Main Building + Separate Back House)-Unobstructed Niagara River views-4 Total parking spaces-Individually metered utilities *For Additional Property Details Click The Brochure Icon Below*

Location Description

QEW Fort Erie to Central Ave exit. Left on Central Ave to Gilmore Rd. Right on Gilmore Rd to Niagara Blvd. Left on Niagara Blvd to 555 Niagara Blvd

Property Detail

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Amenities

Listing Contracted With: ICI SOURCE REAL ASSET SERVICES INC.