258 Henrietta Street Fort Erie, Ontario L2A 2K7

$799,000

**Attention Investors - Exceptional Multi-Family Opportunity! **Welcome to 258 Henrietta Street, a turnkey 5-unit investment property offering impressive income potential in the rapidly growing community of Fort Erie. Situated on a substantial 82' x 233' lot, this well-maintained property combines immediate cash flow with long-term appreciation opportunities. The property features five self-contained residential units spread across two separate buildings. The front building offers two spacious apartments, while the rear building consists of three well-maintained units, including three desirable 2-bedroom suites. With a total of 13 bedrooms, the property is well-positioned to attract a diverse tenant base and support strong occupancy. Designed with investors in mind, each unit is separately metered for hydro and gas, allowing tenants to pay their own utilities and helping reduce operating expenses. Recent roof updates on both buildings add to the property's appeal and minimize future maintenance costs. Ideally located near schools, shopping, public transit, parks, the Niagara River, Peace Bridge access to the United States, and a nearby college, the property benefits from a location that continues to attract tenants. The expansive lot also offers potential for future redevelopment or expansion, subject to municipal approvals. Whether you're growing your investment portfolio or searching for a high-performing income property, this exceptional offering delivers strong rental potential, operational efficiency, and lasting value. (id:50976)

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https://www.realtor.ca/real-estate/29997258/258-henrietta-street-fort-erie-central-332-central