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$940
Available - For Sale
Listing ID: X12501164
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!
Price $940
Taxes: $451,317
Tax Type: Annual
Occupancy by: Tenant
Address: 5749 Summer Street , Niagara Falls, L2G 1M5, Niagara
Postal Code: L2G 1M5
Province/State: Niagara
Legal Description: LT 5 BLK 3 PL 299 NIAGARA FALLS; PT LT 6
Directions/Cross Streets: Summer St. & Temperance Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Building Percentage: T
Total Area: .22
Total Area Code:  Acres
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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Royal LePage Our Neighbourhood Realty

5749 Summer Street , Niagara Falls, L2G 1M5, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 215 - Hospital
Style:
Lot Size: x 160.75(Feet)
Approximate Age:
Tax: $451,317
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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