255 Jarvis Street Fort Erie, Ontario L2A 2S7
$599,900
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 including the Peace Bridge. (id:35660)
Property Details
| MLS® Number | H4177648 |
| Property Type | Single Family |
| Equipment Type | None |
| Features | Double Width Or More Driveway, Crushed Stone Driveway |
| Parking Space Total | 7 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Architectural Style | 2 Level |
| Basement Type | None |
| Construction Style Attachment | Detached |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Exterior | 2266 Sqft |
| Size Interior | 2266 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Gravel |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 138 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 138.18 |
| Size Total Text | 50 X 138.18|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Additional Bedroom | ' '' x ' '' | ||
| Second Level | Bedroom | ' '' x ' '' | ||
| Second Level | Bedroom | ' '' x ' '' | ||
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Kitchen | 12' 9'' x 11' 1'' | ||
| Second Level | Living Room | 14' 6'' x 11' 1'' | ||
| Second Level | Additional Bedroom | 6' '' x 8' 6'' | ||
| Second Level | Bedroom | 9' 5'' x 11' 11'' | ||
| Second Level | Primary Bedroom | 7' 7'' x 11' 9'' | ||
| Ground Level | 4pc Bathroom | Measurements not available | ||
| Ground Level | Living Room | ' '' x ' '' | ||
| Ground Level | Kitchen | ' '' x ' '' | ||
| Ground Level | Laundry Room | 9' 8'' x 5' '' | ||
| Ground Level | 4pc Bathroom | Measurements not available | ||
| Ground Level | Kitchen | 13' 11'' x 11' 1'' | ||
| Ground Level | Living Room | 12' 8'' x 11' 2'' | ||
| Ground Level | Bedroom | 9' 8'' x 11' 8'' | ||
| Ground Level | Primary Bedroom | 17' 2'' x 8' 7'' |
https://www.realtor.ca/real-estate/26191040/255-jarvis-street-fort-erie
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 19 2023 04:10:30
REALTORS® Association of Hamilton-Burlington
Keller Williams Complete Realty
Powered by AgentPlug.com