144 Idylewylde Street,Fort Erie, ON L2A 2L3
Fort Erie, ON L2A 2L3
Description
Income Property with Expansion Potential 144 Idylewylde Welcome to 144 Idylewylde, a prime investment opportunity offering multiple rental units and excellent income potential. This versatile property features a main-floor apartment with three bedrooms, plus an upper-level unit currently shared by three tenants, generating $1,725 in rental income. Additionally, the basement apartment provides a one-bedroom unit, currently vacant, offering flexibility for new occupancy. A shared laundry area in the basement adds convenience for all tenants. Beyond the main residence, this property includes a large detached garage with an additional vacant unit in the rear, presenting a unique opportunity for expansion. The space could be improved and even integrated into the garage, increasing rental potential. A functioning bathroom, currently winterized, adds to the possibilities for future development. With the potential to generate over $40,000 in annual rental income, this property is a fantastic opportunity for investors looking to maximize returns. Don't miss your chance to enhance and expand an already profitable property! Contact us today for more details or to schedule a viewing!
Details
| MLS# | X12049922 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Days On Site | 28 |
| Listing Provided By | RE/MAX NIAGARA REALTY LTD, BROKERAGE | X12049922 322302 |
Features
| SQ Feet | 1,700 |
|---|---|
| Acreage | 0.04 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | Fort Erie |
| Postal Code | L2A 2L3 |
| Area | 332 Central |
| Listing VS Median (in L2A 2L3) | |
Price: $475,000 low | high Med: $475,000 SqFt: 1,700 low | high Med: 1,700 $ / SqFt: $279 low | high Med: $279 On site: 28 low | high Med: 28.000000 | |