253 Jarvis Street Fort Erie, Ontario L2A 2S7
$725,000
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. Dont miss this turnkey investment opportunity contact us today for more details! Flat roof installed in 2021 (id:56248)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
| Name | 253 Jarvis |
Property Details
| MLS® Number | X12049918 |
| Property Type | Multi-family |
| Community Name | 332 - Central |
| Amenities Near By | Recreation |
Building
| Age | 100+ Years |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Exterior | 4430 Sqft |
| Size Interior | 4,430 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Recreation |
| Size Depth | 138 Ft ,6 In |
| Size Frontage | 50 Ft ,2 In |
| Size Irregular | Bldg=50.19 X 138.54 Ft |
| Size Total Text | Bldg=50.19 X 138.54 Ft |
| Zoning Description | Rm2 |
https://www.realtor.ca/real-estate/28093119/253-jarvis-street-fort-erie-332-central-332-central
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April 01 2025 04:54:42
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage