Property Description
Legal Non-Conforming 4-Plex + In-Law Suite | Prime Investment Opportunity. Fantastic income property featuring 5 x 2-bedroom units, including a lower-level 2-bedroom in-law suite with separate entrance. Set on a large 60.14 x 160.75 ft lot, this turnkey building includes a detached double garage, concrete driveway, and parking for all units.4 units recently renovated with over $240K in upgrades, plus a brand-new coin-operated laundry room (2024). Additional updates: breaker panels, windows/doors, basement waterproofing, roofs (2011), boiler (2012), and bathroom upgrades across several units. Gross annual income approx: $96,500! with very desirable CAP rate of over 8% ! Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location! (id:63357)
Property Details
- Property Type
- Multi-Unit
- Bedrooms
- 10
- Bathrooms
- 1
- Living Area
- 0 sqft
- Status
- Active
Location & Neighborhood
Explore what's nearby 5749 SUMMER STREET
- 0.3 km
Ferry St & Gladstone Ave
- 0.3 km
Niagara Falls History Museum
- 0.3 km
Ferry St & Main St
- 0.3 km
Ferry St & Temperance Ave
- 0.4 km
Ferry St & Alexander Ave
Explore More in Niagara Falls (Hospital)
Listing Courtesy of
Royal LePage Our Neighbourhood Realty
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