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:52316)
REVEL Realty Inc., Brokerage
$1,599,000
300-304 RIDGE ROAD N, Fort Erie, Ontario
Property
MLS® Number: X12231362
Address: 300-304 RIDGE ROAD N
City: Fort Erie
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
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Property Sale History
Travel and Neighbourhood
66/100Walk Score®
Somewhat Walkable
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Location
