Home Details for 253 Jarvis Street

Prime Investment Opportunity Fully Rented Multi-Unit in Downtown Fort Erie Welcome to 253 Jarvis Street, a fantastic investment property generating over $90,000 in annual rental income. This fully occupied multi-unit building offers a diverse mix of rental options, making it an ideal addition to any investors portfolio. The property features eight units in total: Two 2-bedroom units (one shared by three tenants, renting for $1,775)Three 1-bedroom units Three bachelor units With all-inclusive rents, tenants enjoy hassle-free living, while you benefit from consistent cash flow. The property provides ample rear parking for all residents, a valuable asset in this high-demand rental area. Located in the heart of downtown Fort Erie, this building is just a short walk from the Niagara River, the Friendship Trail, and local amenities, ensuring strong tenant appeal. If desired, there is also the possibility of a vacant unit for a new buyer. Don't miss this turnkey investment opportunity contact us today for more details! Flat roof installed in 2021 - rent roll apartment 1 (2 Bedroom) - $1400. apartment 2 (1 Bed) - $830. apartment 1A (1 bed) - $700. apartment 2A ( Bach) $775 - no rent collected (this is property manager) apartment 3A (Bach) - $600 (This will be vacant on closing - brother of owner and will be moving) apartment 4 (2 Bed) $1775 (This is a 2 bed apartment but is shared accommodations with three tenants each renting a room including the livingroom. apartment 5 (Bach) - $630. apartment 6 (1 Bed) - $1200. (id:31684)

• Heating Information

  • Hot Water
  • Radiant
  • Natural Gas