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3651 Elm Street Fort Erie, Ontario L0S 1N0
8 Bedroom
4 Bathroom
3500 - 5000 sqft
Forced Air
$599,900
Unlock the potential in this massive 3,840 sq. ft. brick 4-plex situated in a central Fort Erie location, oozing with potential. Located in downtown Ridgeway, only moments from shops, restaurants, the farmers market and recreational trails, these apartments will be very easy to rent. Each unit offers 2 bedrooms, some with original wood floors, with three currently rented and one vacant. The property features 5 separate hydro meters, 4 gas meters, and 4 individual gas furnaces, giving each tenant control over their own utilities. The full basement adds valuable storage or potential development space. The roof is approximately 7 years old, and the building sits on a solid foundation, ready for a visionary investor to restore it to its full glory. Sitting on a 53.15x198.54 lot, there may be future potential to expand this building or add a second building (Buyer to satisfy themselves). While this property will require significant work, the size, location, and existing rental income make it an outstanding value-add opportunity. Seize this chance to own a substantial income property in one of Fort Erie's most desireable areas! (id:60490)
Property Details
| MLS® Number | X12353708 |
| Property Type | Multi-family |
| Community Name | 335 - Ridgeway |
| AmenitiesNearBy | Park, Place Of Worship, Schools |
| CommunityFeatures | School Bus |
| Features | Flat Site |
| ParkingSpaceTotal | 8 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Meter |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ExteriorFinish | Brick |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Schools |
| Sewer | Sanitary Sewer |
| SizeIrregular | 53.2 X 198 Acre |
| SizeTotalText | 53.2 X 198 Acre |
| ZoningDescription | R2 |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28753246/3651-elm-street-fort-erie-ridgeway-335-ridgeway
Phillip Smith
Salesperson
(289) 402-8156
Salesperson
(289) 402-8156
Sarah Randall
Salesperson
(905) 401-2592
Salesperson
(905) 401-2592
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August 21 2025 01:27:59
Niagara Association of REALTORS®
Royal LePage NRC Realty
CONTACT ME
1815 Merrittville Hwy
Fonthill, ON 0S 1E6
Office: (905) 892-0222
Mobile: (905) 980-1199
Email: rinat@royallepage.ca
TESTIMONIAL
Highly recommend Rina! Listed and sold in 13 days in Fonthill! She is very dedicated to her profession and her clientele! Many thanks Rina!
Cathy & Rick Hatt
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