253 Jarvis Street, Fort Erie, ON L2A 2S7

  • $725,000
253 Jarvis Street, Fort Erie, ON L2A 2S7
Active For Sale
253 Jarvis Street, Fort Erie, ON L2A 2S7
253 Jarvis Street, Fort Erie, ON L2A 2S7
  • $725,000

Overview

Property ID: HZX12049918
  • Investment, Commercial Sale
  • Property Type
  • 4430
  • Sqft

Description

Prime Investment Opportunity Fully Rented Multi-Unit in Downtown Fort Erie Welcome to 253 Jarvis Street, a fantastic investment property generating over $90,000 in annual rental income. This fully occupied multi-unit building offers a diverse mix of rental options, making it an ideal addition to any investors portfolio. The property features eight units in total: Two 2-bedroom units (one shared by three tenants, renting for $1,775)Three 1-bedroom units Three bachelor units With all-inclusive rents, tenants enjoy hassle-free living, while you benefit from consistent cash flow. The property provides ample rear parking for all residents, a valuable asset in this high-demand rental area. Located in the heart of downtown Fort Erie, this building is just a short walk from the Niagara River, the Friendship Trail, and local amenities, ensuring strong tenant appeal. If desired, there is also the possibility of a vacant unit for a new buyer. Don’t miss this turnkey investment opportunity contact us today for more details! Flat roof installed in 2021 – rent roll apartment 1 (2 Bedroom) – $1400. apartment 2 (1 Bed) – $830. apartment 1A (1 bed) – $700. apartment 2A ( Bach) $775 – no rent collected (this is property manager) apartment 3A (Bach) – $600 (This will be vacant on closing – brother of owner and will be moving) apartment 4 (2 Bed) $1775 (This is a 2 bed apartment but is shared accommodations with three tenants each renting a room including the livingroom. apartment 5 (Bach) – $630. apartment 6 (1 Bed) – $1200.

  • Address 253 Jarvis Street
  • City Fort Erie
  • State/county ON
  • Zip/Postal Code L2A 2S7
  • Country CA

Details

Updated on April 4, 2025 at 7:03 pm
  • Property ID: HZX12049918
  • Price: $725,000
  • Property Size: 4430 Sqft
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Utilities: Yes
  • Cooling: No
  • County: Niagara
  • Property Type: Commercial Sale
  • Community Features: Recreation/Community Centre

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