3705 Willson St, Fort Erie, Ontario

Multi-Family for Sale in Fort Erie

3705 Willson St, Fort Erie, ON

  • CA$849,900
  • 6 BEDS
  • 4 BATHS
  • CA$849,900

Multi-Family for Sale in Fort Erie

3705 Willson St, Fort Erie, ON

  • CA$849,900
  • 6 BEDS
  • 4 BATHS
  • CA$849,900

Key Facts

  • MLS® #: X13482640
  • Property ID: SIRC3449844
  • Property Type: Residential, Fourplex
  • Interior Area¹: 2000-2500 sq.ft.
  • Lot Size¹: 123.08x74.57 ft.
  • Bedrooms: 6
  • Bathrooms: 4
  • Approximate Age: 100+ years
  • Parking Spaces: 6
  • Listed By:
  • RE/MAX NIAGARA REALTY LTD, BROKERAGE

Property Description

Exceptional investment opportunity in the heart of Ridgeway! Welcome to 3705 Willson Street - a well-maintained legal non-conforming fourplex situated on a large corner lot with ample parking and tremendous long-term upside.This turnkey income property features four self-contained units comprised of two 2-bedroom units and two 1-bedroom units, all currently tenanted on month-to-month leases. The 2-bedroom units generate $1,650/month each, while the 1-bedroom units generate $1,300/month each, offering strong and consistent rental income. With a projected cap rate of approximately 6.8%, this property presents an attractive opportunity for investors seeking solid returns.Pride of ownership is evident throughout. The building has been extremely well maintained, with updated major components including a metal roof, newer siding, and a newer furnace. All units are in excellent condition and have been carefully cared for, making this an ideal opportunity for both seasoned and first-time investors.Located in desirable Ridgeway, just minutes from Crystal Beach, shopping, restaurants, and local amenities, this property offers strong tenant appeal in a growing rental market.With a strong income stream, excellent condition, and plenty of future potential, this is a rare opportunity to add a solid multi-residential asset to your portfolio.

Listing Agents

RE/MAX NIAGARA REALTY LTD, BROKERAGE

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Location

3705 Willson St, Fort Erie, Ontario, L0S 1N0 Canada

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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