LOADING

150 Derby Road, Fort Erie, Ontario L0S 1B0

20500 sqft
3 Level, Multi-unit Air Exchanger, None Baseboard Heaters, Boiler

$2,507,000.00

AMAZING INVESTMENT OPPORTUNITY 23 UNIT APARTMENT BUILDING WITH POTENTIAL OF BEING CONVERTED INTO AN ADULT LIVING CONDO COMMUNITY FOR SALE WALKING DISTANCE TO CRYSTAL BEACH! THREE STOREY WALK-UP APARTMENT BUILDING 5-ONE BEDROOM UNITS, 17-TWO BEDROOM UNITS & 1-THREE BEDROOM UNIT, ALL WITH SEPARATE HYDRO METERS. UPDATES INCLUDE COPPER/ABS PLUMBING, +-600 AMPS (estimate), 24 INDIVIDUAL HYDRO METERS ( PLUS COMMON), NEW ROLLED FLAT TAR ROOF (7 YEARS), 2 NEW +/-80 GALLON NATURAL GAS FIRED HOT WATER TANKS, UPDATED STUCCO EXTERIOR, ALL WINDOWS ARE A COMBINATION OF THERMOPANE AND DOUBLE SLIDERS, TWO GARDEN SHEDS LOCATED OFF SOUTH EXIT TO PATIO AREA, HUGE PAVED PARKING AREA AT REAR OF BUILDING. UPDATED FLOORING IN ALL COMMON HALLWAYS AND STAIRWAYS, AS WELL AS SMOKE ALARMS, SMOKE DETECTORS, FIRE EXTINGUISHERS AND EMERGENCY BATTERY BACK-UP EXIT SIGNS ON ALL THREE LEVELS. MOST APARTMENTS HAVE BEEN UPGRADED WITH CERAMIC, LAMINATE/VINYL FLOORING AS WELL AS FRIDGE AND STOVE UNITS, 3 RENTAL UNITS STILL HAVE CARPET. (id:20958)

Business

Business Type Residential

Property Details

Listing ID 30638584
Amenities Near By Public Transit
Community Features Quiet Area
Equipment Type None
Features Treed, Wooded Area, Beach, Paved Driveway, Laundry- Coin Operated
Parking Space Total 25
Rental Equipment Type None
Structure Shed

Building

Appliances Intercom
Architectural Style 3 Level, Multi-unit
Basement Development Unfinished
Basement Type None (unfinished)
Constructed Date 1985
Construction Material Wood Frame
Cooling Type Air Exchanger, None
Exterior Finish Stucco, Wood
Fire Protection Fire Alarm System, Smoke Detectors
Fireplace Present No
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Boiler
Stories Total 3
Size Interior 20500 Sqft
Type Apartment
Utility Water Municipal Water, Unknown

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 263 Ft
Size Frontage 103 Ft
Size Total Text Under 1/2 Acre
Soil Type Clay
Zoning Description Rm2

Utilities

Water Available

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19106039