Description

 Price: $ 799,000.00 MLS^®: X13151128         Location : 258 Henrietta Street, Fort Erie, ON L2A 2K7

Attention Investors! Exceptional turnkey 5-Plex offering potential strong, stable rental income on a massive 82 ft x 233 ft lot in the growing community of Fort Erie. Welcome to 258 Henrietta Street - a rare opportunity to own a fully rentable multi-residential property with excellent cash-flow potential and future upside. This well-maintained investment property features 5 self-contained units across two separate buildings. The front building includes 2 spacious residential units, while the rear building offers 3 updated units, including three desirable 2-bedroom layouts. In total, the property boasts 13 bedrooms, making it an attractive option for investors seeking strong rental performance and long-term appreciation. Each unit is separately metered for hydro and gas, with tenants paying their own utilities - a major advantage for reducing operating expenses and maximizing net income. Recent improvements include updated shingles on both buildings, adding to the property's overall durability and ease of ownership. Ideally situated near schools, shopping, public transit, the Niagara River, the U.S. border, and a nearby college. The oversized lot also presents potential future development or value-add opportunities, subject to buyer due diligence and municipal approvals. A solid addition to any real estate portfolio with reliable income, strong tenant appeal, and long-term growth potential.

Location Description

Henrietta Cncession and Ellen St

Property Details

• Community: 332 - Central
• Property Type: Tenant/Residential Freehold
• Bedrooms: 13
• Bath: 5
• Garages: None

Building Features

• Foundation Type: Unknown
• Construction Material: Vinyl Siding
• Total Parking Space: 8

Features

• Heating: Other Gas
• Sewer: Sewer ,