442 RIDGE RD N new

Fort Erie,ON L0S 1N0

$ 749000

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 335 - Ridgeway

MLS Listing ID X12559004

Style 2-Storey

Bedrooms 5

Annual Tax Amount $3,637

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Beautiful 3 unit income property in Ridgeway. Fully rented with great tenants. Presently brings in $43,632 of rental income per year. Located in a desirable Ridgeway residential/commercial area, backing onto green space while also being close to downtown amenities. Configured as three rental units (two 2-bedroom units and one bachelor). The largest 2-bedoom apartment offers large principal rooms, a bright kitchen with built-in cabinets, double-wide fridge, and large stove, open concept living and dining area and 4-piece bath. Enjoy outdoor living on the covered front porch or private rear deck overlooking the yard and surrounding trees. The expansive lot includes ample parking with a driveway and concrete pad accommodating up to 4-5 vehicles. Convenient location near schools, shops, and parks. Excellent opportunity for investors to add to their portfolio.

Location

State ON

County Niagara

Community 335 - Ridgeway

Area Niagara

Rooms

Family Room No

Basement Unfinished

Kitchen 3

Interior

Interior Features Carpet Free,Primary Bedroom - Main Floor

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 60.0

Lot Depth 111.0

Total Parking Spaces 4

Building

Building Age 100+

Unit Features Public Transit,Park

Foundation Concrete Block

Others

ParcelsYN No

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