Fort Erie, ON L2A 5M2,66 Lillian PL
Fort Erie, ON L2A 5M2,66 Lillian PL
Fort Erie, ON L2A 5M2,66 Lillian PL
Fort Erie, ON L2A 5M2,66 Lillian PL
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$ 515,000
Est. payment | /mo

6 Beds

3 Baths


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$ 515,000
Est. payment | /mo
Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 333 - Lakeshore

MLS Listing ID X11822969

Style 2-Storey

Bedrooms 6

Annual Tax Amount $2,076

Tax Year 2024

Property Sub-Type Triplex

Property Description

Investor Alert! This legal triplex is a fantastic value-add opportunity, ideally located just steps from the waterfront on Lakeshore Blvd with stunning views of Lake Erie. Featuring three units, a 1-bedroom and a 2-bedroom, both tenanted on month-to-month leases, plus a vacant 3-bedroomthis property is primed for cash flow with room to increase rents. Tenants pay their own hydro (heating is electric), keeping expenses low, and additional income comes from coin-operated laundry. The property also includes parking for three vehicles and a newly owned water heaters. While the building could use some updates, the potential for increased value is undeniable. With fresh drywall and paint in the back unit already completed, the groundwork is set for a high-return BRRRR or flip opportunity. Located in a quiet, stable neighborhood with easy access to the Friendship Trail, Peace Bridge, Buffalo, and all that Fort Erie has to offer, this is an ideal project for investors, flippers, or contractors looking to capitalize on a growing market. Don't miss out! Schedule your showing today!

Location

Province ON

County Niagara

Community 333 - Lakeshore

Area Niagara

Rooms

Family Room Yes

Basement Half, Unfinished

Kitchen 3

Interior

Interior Features Water Heater Owned, Separate Hydro Meter

Cooling Wall Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Private

Pool None

Waterfront Description WaterfrontCommunity

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 89.0

Total Parking Spaces 4

Building

Foundation Concrete Block

Listed by REVEL Realty Inc., Brokerage
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66 Lillian PL