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$ 739,900
Est. payment | /mo
5 Beds
$ 739,900
Est. payment | /mo
5 Beds
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 210 - Downtown
MLS Listing ID X13208300
Bedrooms 5
Annual Tax Amount $4,777
Tax Year 2025
Property Sub-Type Investment
Property Description
If you're looking for a rock-solid addition to your portfolio, location is everything and this property delivers. Perfectly positioned within walking distance to Downtown, parks, and the best amenities Niagara Falls has to offer, this four-unit building is situated exactly where tenants want to be.The property is currently set up as one 2-bedroom and three 1-bedroom units, offering a versatile mix for the local rental market. Some of the heavy lifting is already done for you with three of the units being fully renovated, leaving the remaining two as a clean slate for you to finish and set your own market rents. Finely tuned for low-stress management, the building is separately metered so tenants pay their own gas and hydro, a huge win for your bottom line. With a newer roof, coin-operated laundry in a large lower level, and the potential to generate income, this is a straightforward "value-add" play. Whether you're looking to buy and hold or finish the remaining suites to maximize your ROI, this property offers the kind of location and upside that's becoming harder to find in the city. Secure a prime piece of Niagara's growth before someone else does.
Location
Province ON
County Niagara
Area Niagara
Zoning R2
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Parking Features None
Community Features Major Highway
Utilities Available Yes
Building
Lot Description Building
New Construction false
Lited by REAL BROKER ONTARIO LTD.
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