3705 WILLSON ST, Fort Erie, ON L0S 1N0
3705 WILLSON ST, Fort Erie, ON L0S 1N0
3705 WILLSON ST, Fort Erie, ON L0S 1N0
3705 WILLSON ST, Fort Erie, ON L0S 1N0
3705 WILLSON ST, Fort Erie, ON L0S 1N0
3705 WILLSON ST, Fort Erie, ON L0S 1N0
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$ 849,900
Est. payment | /mo

6 Beds

4 Baths


Save
$ 849,900
Est. payment | /mo
Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 335 - Ridgeway

MLS Listing ID X13482640

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,619

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Exceptional investment opportunity in the heart of Ridgeway! Welcome to 3705 Willson Street - a well-maintained legal non-conforming fourplex situated on a large corner lot with ample parking and tremendous long-term upside.This turnkey income property features four self-contained units comprised of two 2-bedroom units and two 1-bedroom units, all currently tenanted on month-to-month leases. The 2-bedroom units generate $1,650/month each, while the 1-bedroom units generate $1,300/month each, offering strong and consistent rental income. With a projected cap rate of approximately 6.8%, this property presents an attractive opportunity for investors seeking solid returns.Pride of ownership is evident throughout. The building has been extremely well maintained, with updated major components including a metal roof, newer siding, and a newer furnace. All units are in excellent condition and have been carefully cared for, making this an ideal opportunity for both seasoned and first-time investors.Located in desirable Ridgeway, just minutes from Crystal Beach, shopping, restaurants, and local amenities, this property offers strong tenant appeal in a growing rental market.With a strong income stream, excellent condition, and plenty of future potential, this is a rare opportunity to add a solid multi-residential asset to your portfolio.

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Partial Basement, Unfinished

Kitchen 4

Interior

Interior Features Separate Hydro Meter, Storage

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Year Round Living

Parking Features Front Yard Parking, Private

Pool None

Waterfront Description None

Roof Type Metal

Topography Flat

Lot Frontage 123.08

Lot Depth 74.57

Total Parking Spaces 6

Building

Building Age 100+

Unit Features Beach,Level,School,Park

Foundation Concrete Block

Others

ParcelsYN Yes

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Kristen Clowry
Kristen Clowry

Broker | License ID: 4740706

+1(888) 311-1172 | kristenclowry@gmail.com

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3705 WILLSON ST