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$ 799,000
Est. payment /mo
New
258 Henrietta ST Fort Erie, ON L2A 2K7
13 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 332 - Central
MLS Listing ID X13151128
Style 2-Storey
Bedrooms 13
Annual Tax Amount $5,637
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room Yes
Basement None
Kitchen 5
Interior
Interior Features Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Unknown
Lot Frontage 82.0
Lot Depth 233.0
Total Parking Spaces 8
Building
Unit Features Other
Foundation Unknown
Others
Security Features Smoke Detector
ParcelsYN No
Listed by RE/MAX REALTY SPECIALISTS INC.