3651 Elm ST, Fort Erie, ON L0S 1N0 - MLS#X12353708

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Jimmi Randhawa

jimmi@zuminrealestate.ca +1(416) 805-5464

$599,900

Est. payment - /mo

8 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 335 - Ridgeway

MLS Listing ID X12353708

Style 2-Storey

Bedrooms 8

Building Age 51-99

Annual Tax Amount $4,183

Tax Year 2025

Property Sub-Type Fourplex

Lot Depth 198.0

Lot Front 53.15

Property Description

Unlock the potential in this massive 3,840 sq. ft. brick 4-plex situated in a central Fort Erie location, oozing with potential. Located in downtown Ridgeway, only moments from shops, restaurants, the farmers market and recreational trails, these apartments will be very easy to rent. Each unit offers 2 bedrooms, some with original wood floors, with three currently rented and one vacant. The property features 5 separate hydro meters, 4 gas meters, and 4 individual gas furnaces, giving each tenant control over their own utilities. The full basement adds valuable storage or potential development space. The roof is approximately 7 years old, and the building sits on a solid foundation, ready for a visionary investor to restore it to its full glory. Sitting on a 53.15x198.54 lot, there may be future potential to expand this building or add a second building (Buyer to satisfy themselves). While this property will require significant work, the size, location, and existing rental income make it an outstanding value-add opportunity. Seize this chance to own a substantial income property in one of Fort Erie's most desireable areas!

Location

Province ON

County Niagara

Community 335 - Ridgeway

Area Niagara

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 4

Interior

Interior Features Separate Hydro Meter, Water Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Pool None

Roof Type Flat,Tar and Gravel

Topography Flat

Lot Frontage 53.15

Lot Depth 198.0

Total Parking Spaces 8

Building

Unit Features Other,Park,Place Of Worship,School Bus Route,School

Foundation Concrete

Others

ParcelsYN No

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Listed by ROYAL LEPAGE NRC REALTY

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Jimmi Randhawa

+1(416) 805-5464

Sales Representative | N/A5025801

Sales Representative N/A5025801

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3651 Elm ST Fort Erie, ON L0S 1N0

Jimmi Randhawa

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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