5127 Second Avenue Niagara Falls, Ontario L2E 4J8
$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:34139)
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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December 02 2023 03:02:40
Niagara Association of REALTORS®
Exp Realty
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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. Used under license. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.