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$ 725,000
Est. payment | /mo
3,900 SqFt
$ 725,000
Est. payment | /mo
3,900 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $185
Subdivision 332 - Central
MLS® Listing ID X12346207
Source Niagara Association of REALTORS®
Property Description
Welcome to 214 Jarvis Street, Fort Erie, Ontario a rare and versatile investment opportunity offering five separate income-generating units in a prime location. Situated just steps from the heart of downtown and a short walk to the scenic Niagara River, local shops, and charming eateries, this property combines strong rental potential with a desirable lifestyle setting. The building features three residential units, both currently occupied. One unit is home to a long-term tenant who has not only cared for their space but has also acted as an informal property manager over the years an invaluable asset for any investor. A vacant three-bedroom residential unit provides the perfect opportunity to set your own rental rate or even occupy the space yourself. This units size and layout make it ideal for families or professionals seeking proximity to downtown conveniences. In addition, the property boasts two recently renovated commercial storefront units. These bright, modern spaces are move-in ready and await new tenants. Their high visibility and central location make them appealing to a variety of businesses, from retail to professional services. Whether you are an experienced investor looking to expand your portfolio or a newcomer seeking a property with multiple income streams, 214 Jarvis Street offers excellent versatility. The combination of residential and commercial spaces means diversified rental income, while the proximity to downtown, the Niagara River, and local amenities ensures ongoing demand. Opportunities like this featuring a mix of stable tenants, vacant units ready to lease, and updated commercial space are increasingly rare in Fort Erie evolving real estate market. Secure your position in this growing community and take advantage of both immediate returns and long-term value appreciation. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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