19 MACCABEE AVE Fort Erie, ON L2A 1C7

NO DEEMING BY LAW AND C23 BILL makes this a unique opportunity. Ask agent for details.
Cash flowing turnkey duplex set on 5 separate 30ft lots only limited by your imagination. ‘NO DEEMING BY LAW' means each lot could be sold without the need for severance!
Fort Erie is one of Niagara's fastest growing communities and has experienced a high level of new developments both residential and commercial properties recently. Lots of options to make this a viable business or a great family home.
This duplex is currently generating $4300 per month inclusive and can be purchased with Vacant possession if required; option to live in one unit & rent out other.
Sell vacant lots to make the duplex even more affordable, potential to make extra money at a higher than average CAP rate. Currently property is running at 6+% with option to sell/ build on the extra lots(C23) which would then generate 8+% return.
The sellers may be willing to sell the property on its own if the additional land is not required (or a VTB can be arranged on the extra lots once the property is purchased).
Both units have their own furnace with thermostats that can be controlled remotely, own hydro, shared owned hot water (2022) Both units have 2 entrances with keypad entry. Upstairs is a 2/3 bedrooms, 2 bathrooms with showers, full size A/C, modern eat in kitchen. Lounge with lots of natural light. Main floor laundry outside access for shared use. Main floor unit has 2 bedrooms, eat in kitchen, large lounge with natural light, modern bathroom with shower. 2 entrances with keypad entry. Both units come fully furnished with newer appliances, smoke alarms and fire extinguishers. This is an opportunity not to be missed. 3D tours of both units available to view prior to any physical internal viewings. 17x17 deck and large yard surrounding the property, paved driveway for multiple vehicle parking. Seller willing to sell just the house alone with a price adjustment to reflect the amendment. (65493766)