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  • Price: $515,000

  • 66 LILLIAN PLACE
    Fort Erie, ON L2A 5M2

  • MLS #: X12052583

Property Details

Investor Alert! This legal triplex is a fantastic value-add opportunity, ideally located just steps from the waterfront on Lakeshore Blvd with stunning views of Lake Erie. Featuring three units, a 1-bedroom and a 2-bedroom, both tenanted on month-to-month leases, plus a vacant 3-bedroomthis property is primed for cash flow with room to increase rents. Tenants pay their own hydro (heating is electric), keeping expenses low, and additional income comes from coin-operated laundry. The property also includes parking for three vehicles and a newly owned water heaters. While the building could use some updates, the potential for increased value is undeniable. With fresh drywall and paint in the back unit already completed, the groundwork is set for a high-return BRRRR or flip opportunity. Located in a quiet, stable neighborhood with easy access to the Friendship Trail, Peace Bridge, Buffalo, and all that Fort Erie has to offer, this is an ideal project for investors, flippers, or contractors looking to capitalize on a growing market. Don't miss out! Schedule your showing today! (id:7434) Details »

6 Bedrooms

3 Bathrooms

1100 Square Feet

Amber Loforti

Real Estate Agent REVEL McGarr
  • 5 St. Paul Crescent
    St. Catharines, ON L2R 3P6
  • 905-468-9229
  • 905-359-5780
Schedule a Showing Visit My Website

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Fort Erie, ON L2A 5M2

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By registering, you agree to our terms of use and that real estate professionals and lenders may call/text you about your inquiry, which may involve the use of automated means and prerecorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply.
66 LILLIAN PLACE Fort Erie, ON L2A 5M2
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