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$ 449,000
Est. payment /mo
Price Dropped by $50K
555 Niagara BLVD Fort Erie, ON L2A 3H3
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 332 - Central
MLS Listing ID X12864824
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $4,564
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Waterfront Fourplex: Live in 1 unit and let the other 3 pay your mortgage. The Opportunity: Secure a premium waterfront lifestyle on the Niagara River while building wealth. This versatile 4-unitproperty is a "house-hacker's" dream. Live in the main building with panoramic river views or move into the private, detached coach house-live for a fraction of the cost. The Layout: Front Building: 3 units with large windows overlooking the river. Includes 3 dedicated parking spaces and a brand-new furnace (2024/25) for the main floor. Private Coach House: A detached home in the back with its own parking, attached shed, and private access via the alley off Lewis St. Perfect for privacy while you collect rent from the front building. The Financial Advantage: Individually Metered: all units have metered heat and hydro. Income Upside: Fully occupied by long-term tenants at stable, below-market rates-massive potential to increase cash flow as units turn over. Low Maintenance: Owned hot water tank and brand-new furnace. Location & Lifestyle: Enjoy riverfront tranquility steps from downtown restaurants, boutiques and banks. Highlights:-4-Unit Residential (Main Building + Separate Back House)-Unobstructed Niagara River views-4 Total parking spaces-Individually metered utilities *For Additional Property Details Click The Brochure Icon Below*
Location
State ON
County Niagara
Area Niagara
Body of Water Niagara River
Rooms
Family Room Yes
Basement Unfinished
Kitchen 4
Separate Den/Office 1
Interior
Interior Features None
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Waterfront Description Indirect
Roof Type Asphalt Shingle
Road Frontage Public Road
Lot Frontage 40.0
Lot Depth 132.0
Total Parking Spaces 4
Building
Foundation Concrete Block
Others
ParcelsYN Yes
Listed by ICI SOURCE REAL ASSET SERVICES INC.
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