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MLS® X13681028
Fort Erie, ON
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.
Inclusions
4 owned hot water tanks.
Broker
ROYAL LEPAGE NRC REALTY
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Fourplex
3993 Wellington Court Fort Erie
Fort Erie
Type
Fourplex
Basement
Partial Basement
Parking
None (8)
Property Tax
~$4,092/yr
Heating
Baseboard
Buying Essentials
Square Feet
2250 sqft
Facing Direction
North
Parking
None (8)
Finances
List Price
$574,900
Price per SQFT
$256/sqft
Property Tax
~$4,092/yr
Property Specs
Property Type
Fourplex
MLS Size
2250 sqft
Basement
Partial Basement
Living & Amenities
Heating Type
Baseboard
Features
Separate Hydro Meter · Water Heater Owned
Policies & Utilities
Neighbourhood
Fort Erie
Listed On
Aug 16, 2026
Level
Days on Market
Current: 84 days
Room information is not available for this listing.
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