66 LILLIAN PLACE

Fort Erie (Lakeshore), , L2A5M2, Canada

$515,000

Investor Alert! This legal triplex is a fantastic value-add opportunity, ideally located just steps from the waterfront on Lakeshore Blvd with stunning views of Lake Erie. Featuring three units, a 1-bedroom and a 2-bedroom, both tenanted on month-to-month leases, plus a vacant 3-bedroomthis property is primed for cash flow with room to increase rents. Tenants pay their own hydro (heating is electric), keeping expenses low, and additional income comes from coin-operated laundry. The property also includes parking for three vehicles and a newly owned water heaters. While the building could use some updates, the potential for increased value is undeniable. With fresh drywall and paint in the back unit already completed, the groundwork is set for a high-return BRRRR or flip opportunity. Located in a quiet, stable neighborhood with easy access to the Friendship Trail, Peace Bridge, Buffalo, and all that Fort Erie has to offer, this is an ideal project for investors, flippers, or contractors looking to capitalize on a growing market. Don't miss out! Schedule your showing today!

EXTRAS: Water Heater

Last updated on : Tuesday 22nd of April 2025 05:31:28 PM

ADDRESS

Street : 66 LILLIAN PLACE

City : Fort Erie (Lakeshore)

Country : Canada

Postal Code : L2A5M2

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PROPERTY SUMMARY

Property ID : X12052583

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 6

Bathrooms : 3

Parking : 4

Parking Type: No Garage

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