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Investors! Multi-residential income property with 3 units in the north end of Fort Erie, or live in the main floor unit and rent out the other two! The main floor unit has two bedrooms, den, wraparound porch, back deck and is heated by gas. The middle 2-bedroom unit and the upper one-bedroom unit with a flex space both have electric baseboard heaters. Separate entrances and hydro meters - Tenants pay for hydro. Recent updates include: new roof (2019), gutters and downspouts (2020), new main floor furnace (2020). Current Rental Income totals $2855/month with approximately $741 per month in expenses (hot water tank rental, insurance, taxes, water, gas). Easy access to the QEW highway at Bowen Rd, and a short walk to the Niagara River Parkway and Downton Bridgeburg. (id:24093)
Listed by MARIO MURACO and MANDY POULIN of RE/MAX NIAGARA REALTY LTD,BROKERAGE

Property Details of 245 Phipps Street

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"Based on information submitted to CREA as of October 5, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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