Rachel Stempski

Broker


LOADING

5749 Summer Street Niagara Falls, Ontario L2G 1M5

10 Bedroom 5 Bathroom 2000 sqft
None

$1,050,000

Legal non-conforming 4-Plex with additional lower level in-law suite, detached double garage, concrete drive and parking pad for all 4 units. Building features 5 x 2 bedroom units ( 1 with attached lower level 2 bedroom in-law suite w/ separate entrance ) & newly renovated shared coin operated laundry (2024). it is located just steps from Hospital, bus routes, shops and more. 1 rear + 2 front covered porches. 4 units currently occupied & 3 newly renovated unit (2023). Additional updates include 2 updated 100amp breaker panels, windows & doors (2010 & 2015), Basement waterproofing (2011), concrete driveway & parking area (2011), Building & garage roofs (2011), High efficiency boiler system (2012), S/F/E's (2019) plus misc updates to baths (Unit 2 - 2007, Unit 4 - 2011, Unit 4 Lower - 2015 ). Detached double garage provides addition rental income potential + 2.5% rental increases have been issued to all units for January implementation. Proven Gross revenue of $88,000/year. For showings & Income/expense sheet + list of capital improvements (call me 289-968-7773) (id:50705)

Property Details

MLS® Number 40541438
Property Type Multi-family
Amenities Near By Hospital, Public Transit, Schools, Shopping
Community Features Quiet Area, School Bus
Features Laundry- Coin Operated
Parking Space Total 6

Building

Bathroom Total 5
Bedrooms Total 10
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Foundation Type Block
Stories Total 2
Size Interior 2000 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage
Visitor Parking

Land

Access Type Highway Access
Acreage No
Fence Type Partially Fenced
Land Amenities Hospital, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 159 Ft
Size Frontage 60 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/26516401/5749-summer-street-niagara-falls

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Ahmad Al-Romani
Salesperson

(289) 968-7773

Exp Realty
4025 Dorchester Road, Suite 260
Niagara Falls, Ontario L2E 7K8

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

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