144 Idylewylde Street Fort Erie, Ontario L2A 2L3

$475,000

Income Property with Expansion Potential 144 Idylewylde Welcome to 144 Idylewylde, a prime investment opportunity offering multiple rental units and excellent income potential. This versatile property features a main-floor apartment with three bedrooms, plus an upper-level unit currently shared by three tenants, generating $1,725 in rental income. Additionally, the basement apartment provides a one-bedroom unit, currently vacant, offering flexibility for new occupancy. A shared laundry area in the basement adds convenience for all tenants. Beyond the main residence, this property includes a large detached garage with an additional vacant unit in the rear, presenting a unique opportunity for expansion. The space could be improved and even integrated into the garage, increasing rental potential. A functioning bathroom, currently winterized, adds to the possibilities for future development. With the potential to generate over $40,000 in annual rental income, this property is a fantastic opportunity for investors looking to maximize returns. Don't miss your chance to enhance and expand an already profitable property! Contact us today for more details or to schedule a viewing! (id:50886)

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https://www.realtor.ca/real-estate/28093120/144-idylewylde-street-fort-erie-332-central-332-central