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6 Beds 3 Bath 1100-1500 sqft

66 Lillian Pl

Fort Erie L2A 5M2 Ontario

MLS: X11822969

$515,000

Added 17 days ago | For Sale

Listed by: REVEL Realty Inc., Brokerage

About Property

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!

Features

  • House Style:Triplex
  • Bathrooms:3
  • Land Size:
  • Water:Municipal
  • Garage Spaces:0 /None
  • Driveway:Private
  • Heating Fuel:Electric
  • Cross Street:Lakeshore Rd to Lillian Place
  • Basement:Half , Unfinished
  • Possession Date:Flexible
  • Annual Property taxes: $2076
  • Bedrooms:6
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:Alum Siding
  • Fronting On:E
  • Front Footage:40
  • Listing ID:X11822969

Rooms Dimensions Description

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Average Sale Prices per Month in Fort Erie
This graph illustrates the average sale prices per month in Fort Erie, providing an in-depth analysis of the real estate market trends and fluctuations
6 Bedrooms Triplex House Fort Erie
Monthly Sales Trends in Fort Erie
This graph showcases the monthly sales trends in Fort Erie, offering valuable insights for both buyers and sellers in the real estate market.
6 Bedrooms Triplex House Fort Erie
Avg Price for 6 Bedroom Triplex house in Fort Erie
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Community Average Price Difference Avg Days On Market
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