About 3993 Wellington Court
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.
Features of 3993 Wellington Court
| MLS® # | X13681028 |
|---|---|
| Price | $599,900 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 2000-2500 |
| Type | Residential Freehold |
| Sub-Type | Fourplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 3993 Wellington Court |
|---|---|
| Area | Niagara |
| Subdivision | 337 - Crystal Beach |
| City | Fort Erie |
| Province | ON |
| Postal Code | L0S 1B0 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Partial Basement |
Exterior
| Exterior | Aluminum Siding, Vinyl Siding |
|---|
Listing Details
| Office | ROYAL LEPAGE NRC REALTY |
|---|