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Christine Domina
Real Estate Smarts - Christine Domina
christine@realestatesmarts.ca +1(416) 873-4747$799,000
Est. payment /mo
13 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active Under Contract
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 332 - Central
MLS Listing ID X12905506
Style 2-Storey
Bedrooms 13
Annual Tax Amount $5,638
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Attention Investors! Turnkey 5-Plex with Strong Rental Income on Oversized Lot. Welcome to 258 Henrietta Street, Fort Erie - a rare opportunity to acquire a fully tenanted 5-unit multi-residential property situated on an expansive 82 ft x 233 ft lot in a desirable, high-demand rental location. This well-maintained property consists of two separate buildings. The front building offers 2 spacious residential units, while the rear building features 3 updated units, including three 2-bedroom units. In total, the property offers 13 bedrooms across 5 self-contained units, providing excellent income-generating potential. Each unit is separately metered for hydro and gas, with tenants responsible for their own utilities, helping minimize operating expenses and support stronger net income for investors. Recent updates include shingles on both buildings, contributing to overall property maintenance and long-term durability. Ideally located near schools, shopping, public transit, the Niagara River, the U.S. border, and a nearby college, this property benefits from consistent rental demand and convenient access to key amenities and transportation routes. The large lot size offers additional flexibility and potential for future development or value enhancement, subject to buyer's due diligence and municipal approvals. An excellent opportunity for investors seeking a stable, income-producing asset in a growing community. Please allow 24-hour notice for all showings due to tenant occupancy.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room Yes
Basement None
Kitchen 5
Interior
Interior Features Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 82.0
Lot Depth 233.0
Total Parking Spaces 8
Building
Building Age 51-99
Foundation Concrete Block, Poured Concrete, Slab
Others
ParcelsYN Yes
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Listed by ROYAL KEY
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