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$1,999,900
Available - For Sale
Listing ID: X12196060
Unlock long-term value and reliable returns with this professionally improved 9-unit multifamily building located at a prominent corner in the heart of Niagara Falls. Featuring spacious, fully serviced two-bedroom units, this asset blends tenant appeal with operational efficiency.Recent enhance ments including updated interiors, refreshed common areas, and strong infrastructure ensure minimal capital expenditure for years to come. With 15 surface parking stalls, well-managed tenancy, and a projected NOI of $137,465, this building offers immediate income with significant upside potential through market rent growth.Positioned near key amenities and Niagara's renowned attractions, this location provides convenience and demand stability for both short- and long-term tenants. Whether you're expanding your portfolio or seeking a premium asset with growth trajectory, 4424 Simcoe Street is a standout opportunity. Highlights:9 large 2-bedroom units. Recent capital improvements NOI: $137,465Ample on-site parking (15 spaces). Prime corner location with future upside.
Price $1,999,900
Taxes: $20,292
Tax Type: Annual
Occupancy by: Tenant
Address: 4424 Simcoe Stre , Niagara Falls, L2E 1T8, Niagara
Postal Code: L2E 1T8
Province/State: Niagara
Legal Description: PT LT 44 S/S SIMCOE ST PL 1001 TOWN OF N
Directions/Cross Streets: Simcoe St / Palmer Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: .43
Total Area Code:  Acres
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: No
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS CO-ELEVATION REALTY

4424 Simcoe Stre , Niagara Falls, L2E 1T8, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 210 - Downtown
Style:
Lot Size: x 211.00(Feet)
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Tax: $20,292
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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