Property Description

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.

Features
: Baseboard
: None
: None
Address Map
CA
Ontario
Fort Erie
L2A 2S7
Jarvis
255
0
E0° 0' 0''
N0° 0' 0''
More info
KELLER WILLIAMS COMPLETE REALTY
0
2023-10-19 10:34:59.0
2023-10-19 10:34:59.0
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Triplex For Sale

255 Jarvis St, Fort Erie, Ontario L2A 2S7

  • Visits : 25 in 404 days
$599,900
Listing ID#X7231194
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Basic Details
Property Type : Triplex
Listing Type : For Sale
Listing ID : X7231194
Price : $599,900
Year Built : 0
Lot Size : 138.18 x 50.00 Feet
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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