253 Jarvis Street

Fort Erie, L2A 2S7
FOR SALE
$725,000
253 Jarvis Street, Fort Erie
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
253 Jarvis Street
Investment
CATEGORY
4,430 Sq Ft
TOTAL AREA
X12049918
MLSID
Contact Us
Property 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.
Property Details
Address
253 Jarvis Street
Community
Postal Code
L2A 2S7
Property Type
Investment, Investment
Use
Apartment
Zoning
RM2
Lot Size
50' x 139'
Total Area
4,430 Sq Ft
Acreage
6,696.0 Feet
Taxes
$4,730 (2024
Basement
[]
Exterior
[]
Heat Type
Gas Hot Water
Water
Municipal
Pool
[]
Garage Type
None
Listing contracted with Re/Max Niagara Realty Ltd, Brokerage
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
193492747