231-233 Jarvis Street, Fort Erie (central), Ontario

$569,900

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7

Beds

3

Baths

About 231-233 Jarvis Street

Rare investment and live-in opportunity at 231-233 Jarvis St. in Fort Erie! Situated on a generous 50' x 138' lot just moments from historic Bridgeburg, the Niagara River, the Friendship Trail, the Peace Bridge, and quick QEW access, this unique property features two standalone buildings with a total of three units. Offering far more privacy and owner-occupancy appeal than a traditional triplex, it is ideal for first-time buyers looking for rental income to offset their mortgage, multi-generational families, or savvy investors seeking strong cash flow in a booming market. The front duplex consists of two well-designed 2-bedroom units, each boasting its own cozy gas fireplace and separate utility meters. The vacant upper unit has been freshly painted and upgraded with brand-new flooring and light fixtures, leaving you free to move right in or set your own market rents immediately. The lower unit is meticulously maintained and occupied by an excellent, reliable long-term tenant. Tucked behind for ultimate privacy is a separate 1,206 sq. ft. rear house featuring 3 bedrooms, an enclosed sunroom, and its own expansive backyard. Currently rented, this rear home offers immense potential for value-add renovations to maximize future appreciation. Enjoy complete peace of mind with newer roofs and windows on both structures. Positioned in an area experiencing great growth and high rental demand, this versatile, multi-building package represents one of the best real estate opportunities on the market today! (id:36535)

Features of 231-233 Jarvis Street

Listing # X13594460
Price $569,900
Bedrooms 7
Bathrooms 3.00
Acres 0.00
Type Multi-family

Community Information

Address 231-233 Jarvis Street
Subdivision 332 - Central
City Fort Erie (central)
Province Ontario
Postal Code L2A2S7

Amenities

Amenities Park, Place of Worship, Schools, Golf Nearby, Fireplace(s), Separate Electricity Meters, Separate Heating Controls
Utilities Cable, Electricity, Sewer
Parking Spaces 6
Parking No Garage
Is Waterfront No
Has Pool Yes
Pool Above ground pool

Interior

Appliances Water meter, Water Heater, Stove, Refrigerator
Heating Electric, Natural gas Baseboard heaters, Other
Cooling None
Fireplace Yes
# of Fireplaces 2
# of Stories 2
Has Basement No
Basement Type Partial, N/A (Unfinished), Crawl space
Basement Development Unfinished

Exterior

Exterior Vinyl siding
Lot Description 50 x 138.2 FT
Foundation Concrete

Listing Details

OfficeCourtesy Of ROYAL LEPAGE NRC REALTY

Listing Map