$385,000
32 PRINCESS Street, Fort Erie, ON L2A 1V6


Fort Erie, ON L2A 2K7
13 Bed · 5 Bath · Multiplex
MLS #X13151128
Listed Price
Attention Investors! Exceptional turnkey 5-Plex offering potential strong, stable rental income on a massive 82 ft x 233 ft lot in the growing community of Fort Erie. Welcome to 258 Henrietta Street - a rare opportunity to own a fully rentable multi-residential property with excellent cash-flow potential and future upside. This well-maintained investment property features 5 self-contained units across two separate buildings. The front building includes 2 spacious residential units, while the rear building offers 3 updated units, including three desirable 2-bedroom layouts. In total, the property boasts 13 bedrooms, making it an attractive option for investors seeking strong rental performance and long-term appreciation. Each unit is separately metered for hydro and gas, with tenants paying their own utilities - a major advantage for reducing operating expenses and maximizing net income. Recent improvements include updated shingles on both buildings, adding to the property's overall durability and ease of ownership. Ideally situated near schools, shopping, public transit, the Niagara River, the U.S. border, and a nearby college. The oversized lot also presents potential future development or value-add opportunities, subject to buyer due diligence and municipal approvals. A solid addition to any real estate portfolio with reliable income, strong tenant appeal, and long-term growth potential.
Bedrooms
13
Bathrooms
5
Square Feet
3000-3500 sqft
Property Type
Multiplex
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Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Contact OVAIS QASSIM
258 Henrietta Street, Fort Erie, ON L2A 2K7 is a 13-bedroom, 5-bathroom 2-storey multiplex with approximately 3000-3500 square feet of living space, situated on a 82 233 foot lot. This property is currently for sale at $799,000. The home features a none garage.
This home is located in 332 - Central, part of Fort Erie in the Niagara area. Explore more homes for sale and recently sold properties in this neighbourhood.
Whether you are looking to buy, sell, or lease in 332 - Central, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
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