300-304 Ridge Road N
Fort Erie, Ontario L0S 1N0
Cash-flowing mixed-use investment in the heart of Ridgeway. This fully leased 8-unit building features 5 residential units and 3 commercial spaces, offering almost a 7% cap rate. Tenants are on separate hydro meters, with the option to convert to separate gas meters for added efficiency. The roof was replaced in 2020. Located in a growing community, this turnkey property is an excellent buy-and-hold opportunity for investors seeking stable cash flow and long-term appreciation. (id:15265)
$1,599,000 For sale
- MLS® Number
- X12231362
- Type
- Multi-family
- Building Type
- Multi-Family
- SQ Footage
- 4,840 ft2
- Cooling
- Fully Air Conditioned
- Heating
- Forced Air
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Property Details
| MLS® Number | X12231362 |
| Property Type | Multi-family |
| Community Name | 335 - Ridgeway |
Land
| Acreage | No |
| SizeDepth | 187 Ft |
| SizeFrontage | 74 Ft |
| SizeIrregular | 74.05 X 187 Ft |
| SizeTotalText | 74.05 X 187 Ft |
| ZoningDescription | Cmu4 |
Building
| Appliances | Dishwasher |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 4,840 Ft2 |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Location Map
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June 20 2025 07:27:31
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage
