3705 Willson Street, Fort Erie (Ridgeway), Ontario

$849,900

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6

Beds

4

Baths

About 3705 Willson Street

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. (id:6289)

More Info on this 335 - Ridgeway Fourplex MLS® listing

3705 Willson Street is a fourplex listing for sale in Fort Erie (Ridgeway). The MLS® number is X13482640. It features 6 bedrooms, 4 bathrooms. It's currently listed for $849,900. For more details on MLS® X13482640, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in 335 - Ridgeway is available now!

Selling your 335 - Ridgeway Fourplex property?

Have a similar home to 3705 Willson Street? If you’re thinking about selling your 335 - Ridgeway fourplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Fort Erie (Ridgeway) property.

Features of 3705 Willson Street

Listing # X13482640
Price $849,900
Bedrooms 6
Bathrooms 4.00
Type Multi-family
Sub-Type Fourplex

Community Information

Address 3705 Willson Street
Area 335 - Ridgeway
Subdivision 335 - Ridgeway
City Fort Erie (Ridgeway)
Province Ontario
Postal Code L0S1N0

Amenities

Amenities Separate Electricity Meters
Features Level lot, Flat site
Parking Spaces 6
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water meter
Heating Forced air, Natural gas
Cooling None
Fireplace No
# of Stories 2
Has Basement No
Basement Unfinished, Partial

Exterior

Exterior Vinyl siding
Lot Description 123.1 x 74.6 FT
Foundation Block

Additional Information

Zoning TRM

Listing Details

OfficeRE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing Map

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