4827 Third Avenue Niagara Falls, Ontario L2E 4L9

$749,000

Completely renovated, 2-storey detached home with 3 separate units, situated on an extra deep 150-foot lot and R2 zoning. The main level includes 2 spacious bedrooms and a full 3-pc bathroom. The second-floor unit has 2 good size bedrooms & 2 bathrooms. The basement unit features 1 bedroom & 1 bathroom and a separate entrance, each unit has its own 2-in-1 washer/dryer. The property has a detached garage, and a concrete driveway big enough for 5-6 vehicles. The major upgrades include new paint, new laminate flooring, 3 new kitchens, new bathrooms, new electrical panel, new plumbing, quartz countertops, new insulation, new windows, 200 Amps electrical panel, and railings. Located on a quiet street close to downtown Niagara Falls and only a few minutes drive to Niagara Parkway, The Falls, Clifton Hill, Casino, parks, trails, hotels, restaurants & Go-Station. The basement apartment can be rented for approximately $1200 a month, and the other two units for around $1800 each. The Airbnb in-season rates (May - October) are $120-140 per night for 2-bedroom units and $80 per 1-bedroom basement apartment. The off-season rates are discounted by $30. All the major components in the house have been either repaired or replaced, therefore the maintenance cost is minimal. The utility cost is $400 at full occupancy. The property insurance is approximately $150 per month. This home is vacant and ready for you to set your own rents. (id:50705)

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https://www.realtor.ca/real-estate/25247757/4827-third-avenue-niagara-falls