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$475,000
Available - For Sale
Listing ID: X12049922
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!
Price $475,000
Taxes: $2,552
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 144 Idylewylde Stre , Fort Erie, L2A 2L3, Niagara
Postal Code: L2A 2L3
Province/State: Niagara
Directions/Cross Streets: CENTRAL
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 1,700
Total Area Code:  Square Feet
Area Influences: Public Transit   Recreation/Comm
Financial Statement: F
Chattels: T
Franchise: F
Maintenance: 0
Water Expense: $1774
Vacancy Allowance: 1302
Net Income Before Debt: $33585
Expenses Actual/Estimated: $Est
Outside Storage: T
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX NIAGARA REALTY LTD, BROKERAGE

144 Idylewylde Stre , Fort Erie, L2A 2L3, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 332 - Central
Style:
Lot Size: x 80.00(Feet)
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Tax: $2,552
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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