255 Jarvis St
Fort Erie, L2A 2S7
FOR SALE
$599,900
Terminated
$0
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6
BEDROOMS3
BATHROOMS3
KITCHENS9
ROOMSX7231194
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-19 | 2024-01-19 | 92 | $599,900 | - | Terminated |
| 2023-10-19 | 2024-01-08 | 81 | $599,900 | - | Suspended |
| 2023-08-09 | 2023-10-19 | 71 | $615,000 | - | Terminated |
| 2023-07-06 | 2023-08-09 | 34 | $639,900 | - | Terminated |
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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.
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Property Details
Street
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
50' x 138'
Fronting
South
Taxes
$2,196 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
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