192 Lincoln Road W, Fort Erie, ON L0S 1B0

$599,000
9
BD
4
BA
3,000
SqFt

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List Price
$599,000
MLS#
X13573366
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
1 1/2 Storey
Bedrooms
9
Bathrooms
4
Living Area
3000-3500
Province
ON
Municipality
Fort Erie
Area
Niagara
Neighborhood
337 - Crystal Beach
Subdivision
Between Shannon Rd S And Derby

Property Description

LIVE, ENJOY & INVEST IN CRYSTAL BEACH!Approximately $82,000 in annual rental income when fully occupied. A rare and versatile opportunity just minutes from the beach, featuring two detached dwellings, four living accommodations and 3,300+ sq.ft. of living space, offering an exceptional combination of lifestyle, flexibility and income potential.Love Crystal Beach? Make it your year-round home, weekend retreat, multi-generational residence or investment property. Enjoy the beach, restaurants and local amenities while creating a rental strategy tailored to your goals.The property previously generated approximately $82,000/year when fully occupied. Currently, three of the four living accommodations are vacant, with only one tenant remaining, providing the new owner with the opportunity to reposition the property, establish rents based on current market conditions and maximize its income potential.For an owner-occupier, live in one accommodation while renting the others to help offset carrying costs. The flexible configuration is also ideal for multi-generational living, offering separate living spaces while keeping family close. A dedicated main-level office provides an excellent work-from-home option.Enjoy the front garden and rear yard for relaxing, entertaining and summer evenings. With the beach just a short walk away and Crystal Beach's restaurants, shops and community amenities nearby, this property offers a lifestyle that can be enjoyed throughout the year.Investors, owner-occupiers, multi-generational families and buyers exploring future redevelopment possibilities are all invited to consider the property's potential, subject to applicable zoning, municipal requirements and approvals.Live here. Enjoy the beach. Keep family close. Generate income.Previously approximately $82,000/year when fully occupied. Currently partially vacant, offering the new owner the flexibility to reposition the rental strategy.Offered at $599,000.

Additional Information

Taxes
$2,946
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air, None
Lot Depth
80
Family Room
Yes
Kitchens
4
Exterior
Aluminum Siding, Concrete
Waterfront Type
None
Garage Type
Other
Pool
None
Parking Spaces
3
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of RE/MAX REALTRON REALTY INC..