66 LILLIAN PLACE Fort Erie (333 - Lakeshore), Ontario

  • Welcome to Lillian Place!
  • 66 LILLIAN PLACE, Fort Erie (333 - Lakeshore),
  • Separate Hydro Meters
  • 66 LILLIAN PLACE, Fort Erie (333 - Lakeshore),
  • Friendship Trail
$515,000

Status: For sale
Address: 66 LILLIAN PLACE, Fort Erie (333 - Lakeshore), L2A5M2
MLS: X11822969
Type: Single Family
Building Type: Triplex
Lot Size: 40' x 89'
Bedrooms: 6 | Bathrooms: 3
Description
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:10317)
REVEL Realty Inc., Brokerage
Details
Heating Fuel: Electric
Heating Type: Baseboard heaters
Cooling: Wall unit
Water: Municipal water
Floor Space: 1099.9909
Lot Size: 40' x 89'
Exterior: Aluminum siding, Vinyl siding
Basement Type: N/A (Unfinished)
Basement Development: Unfinished
Listing Realtor(s)
Amber Loforti
Amber Loforti
Salesperson

1507 Niagara Stone Rd Unit: 1,
Niagara On The Lake, Ontario, L2R3M3

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