144 Idylewylde Street Fort Erie, Ontario L2A 2L3

$475,000

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! (id:50877)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X12049922
Property Type	Multi-family
Community Name	332 - Central
Amenities Near By	Public Transit, Recreation

Building

Heating Fuel	Natural Gas
Heating Type	Other
Size Exterior	1700 Sqft
Size Interior	1,700 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit, Recreation
Size Depth	80 Ft
Size Frontage	75 Ft
Size Irregular	Bldg=75 X 80 Ft
Size Total Text	Bldg=75 X 80 Ft
Zoning Description	Rm2

https://www.realtor.ca/real-estate/28093120/144-idylewylde-street-fort-erie-332-central-332-central