Rachel Stempski

Broker


LOADING

5127 Second Avenue Niagara Falls, Ontario L2E 4J8

6 Bedroom 4 Bathroom 2100
Central Air Conditioning, Ductless Baseboard Heaters, Forced Air, Heat Pump

$949,999

Investors cash flowing dream at near 7% Cap rate. All utilities, gas, hydro and water have been separated with in suite laundry for each unit. This legal 4plex building has been professionally reframed and finished from the inside out. Two upper 1 bedroom units, open concept are newly finished including ductless split heating and cooling. Two lower 2 bed units, include new forced air heating and cooling, currently being renovated or ready for buyers finishing touches (flooring, kitchen & bath all purchased and on site). Great downtown location close to entertainment district, transit, hospital, highways and US border. Plenty of on and off street (laneway access) parking for all tenants. Set your market rents and enjoy maintenance free ownership for years to come. Selling price AS COMPLETED. Can be negotiated AS IS / WHERE IS. flexible closing, VTB opportunity for serious investor. (id:50705)

Property Details

MLS® Number 40493365
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Quiet Area, School Bus
Features Shared Driveway
Parking Space Total 4

Building

Bathroom Total 4
Bedrooms Total 6
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type Central Air Conditioning, Ductless
Exterior Finish Aluminum Siding, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters, Forced Air, Heat Pump
Stories Total 2
Size Interior 2100
Type Fourplex
Utility Water Municipal Water

Parking

Visitor Parking

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 142 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/26127447/5127-second-avenue-niagara-falls

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Andre Bourgeault
Salesperson

(289) 668-2423
Exp Realty
4025 Dorchester Road, Suite 260
Niagara Falls, Ontario L2E 7K8

(866) 530-7737
https://exprealty.ca/

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December 02 2023 03:02:40

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Rachel Stempski

Broker

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Not intended to solicit properties currently listed for sale. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. I am a Sales Representative licensed to trade in residential and commercial real estate in Ontario. The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.