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$799,000
Available - For Sale
Listing ID: X12881770
$82K+ Income | Two Detached Homes on One Lot | Crystal Beach Investment.Offering approximately 3,300+ sq ft of living space with four rental units (non-retrofit) currently generating $82,000+ annual income, with two units presently vacant, providing immediate upside potential for investors.The property is serviced by two water meters with separate hydro and gas services. Excellent opportunity for investors seeking strong income potential through long-term rentals or short-term accommodations, just steps from the popular Crystal Beach area.The main residence is an approximately 1,900+ sq ft 1.5-storey home featuring a large and bright sunroom entrance, followed by a main floor bedroom, spacious living areas, and a flexible interior layout with kitchen and bathroom spaces that can accommodate multiple living arrangements.A studio-style space located behind the main home features soaring beamed ceilings over 10 ft high and a large picture window, creating a bright and open environment complete with kitchen and bathroom.At the rear of the property sits a separate two-storey detached dwelling (approx. 1,400 sq ft) providing additional living space with multiple bedrooms, kitchens, and bathrooms. Fully fenced yard offering greenery and added privacy. Concrete driveway parking for up to three vehicles.
Price $799,000
Taxes: $2,946
Occupancy by: Partial
Address: 192 Lincoln Road West , Fort Erie, L0S 1B0, Niagara
Directions/Cross Streets: Between Shannon Rd S and Derby
Rooms: 23
Bedrooms: 5
Bedrooms +: 3
Washrooms: 4
Family Room: T
Basement: Crawl Space
Other
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 0 0 Carpet Free, B/I Bookcase
Room 2: Main Dining Ro 0 0 Combined w/Kitchen, Carpet Free
Room 3: Main Kitchen 0 0 Carpet Free
Room 4: Main Bedroom 0 0 Closet, Carpet Free
Room 5: Main Sunroom 0 0 French Doors, Carpet Free, Breakfast Area
Room 6: Main Bathroom 0 0 4 Pc Bath
Room 7: Main Recreatio 0 0 3 Pc Ensuite, Beamed Ceilings
Room 8: Second Bedroom 0 0 Closet, Carpet Free
Room 9: Second Bedroom 2 0 0 B/I Closet, Carpet Free
Room 10: Second Bedroom 3 0 0 Closet, Carpet Free
Room 11: Second Bedroom 4 0 0 Carpet Free
Room 12: Ground Bedroom 0 0 4 Pc Ensuite, Carpet Free
Room 13: Second Bedroom 0 0 3 Pc Bath, Carpet Free
Room 14: Second Bedroom 2 0 0 Carpet Free
Room 15: Ground Utility R 0 0
No. of Pieces Level
Washroom 1:  4 Ground
Washroom 2:  3 Ground
Washroom 3:  4 Ground
Washroom 4:  3 Second
Washroom 5:  0
Property Type: Detached
Style: 1 1/2 Storey
Exterior: Aluminum Siding
Concrete
Garage Type: Other
(Parking/)Drive: Private
Drive Parking Spaces: 3
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Other
Approximatly Age: 51-99
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: Y
Utilities-Sewers: Y
Utilities-Gas: Y
Utilities-Municipal Water: Y
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RE/MAX REALTRON REALTY INC.

192 Lincoln Road West , Fort Erie, L0S 1B0, Niagara

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Freehold - Detached
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 337 - Crystal Beach
Style: 1 1/2 Storey
Lot Size: x 80.00(Feet)
Approximate Age: 51-99
Tax: $2,946
Maintenance Fee: $0
Beds: 5+3
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949