Rachel Stempski

Broker


LOADING

5748 Leonard Avenue Niagara Falls, Ontario L2G 4R1

6 Bedroom 3 Bathroom 2444 sqft
None Forced Air

$738,000

Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location! (id:50705)

Property Details

MLS® Number 40611536
Property Type Multi-family
Amenities Near By Park, Public Transit, Schools, Shopping
Community Features School Bus
Equipment Type Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater
Structure Shed

Building

Bathroom Total 3
Bedrooms Total 6
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1910
Cooling Type None
Exterior Finish Other
Fire Protection Unknown
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2444 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Highway Access
Acreage No
Land Amenities Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 131 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/27122630/5748-leonard-avenue-niagara-falls

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Gary Demeo
Salesperson

(905) 351-6585
(905) 687-9494

RE/MAX Niagara Realty Ltd, Brokerage
261 Martindale Rd., Unit 14c
St. Catharines, Ontario L2W 1A2

(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/

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