Size
-
Lot size
672.62 sqm
Street frontage
N
Possession
2024-12-01 00:
Price per sqm
-
Taxes
$3,758.36 (2024)
Parking Type
Detached Garage
Style
2 1/2 Storey
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Description
Solid Investment Opportunity: This fully rented legal 2.5-storey triplex presents a strong investment opportunity, delivering consistent cash flow with three separate rental units and expansion potential Property Highlights: Unit 1 - Main House: 4 large bedrooms, 2 bathrooms, a spacious kitchen, and a bright living/dining area with decorative fireplace. Second-floor laundry for tenant convenience. Unit 2 - Basement Apartment: Features a separate entrance, updated kitchen, newer 4-piece bath, and 2 large bedrooms Unit 3 - Back Unit: 1-bedroom apartment with an updated kitchen and 3-piece bathroom, suitable for singles or couples. Additional Features: Detached 2.5-Car Garage: This 20x23 ft garage includes hydro and has potential for additional rental income or conversion to an auxiliary unit. Expansion Potential: Consider converting the garage into a fourth unit or building a secondary unit on the existing pad. Recent Upgrades: New furnace (2023), updated plumbing and wiring, some newer windows, and a new roof (2021). Central A/C added in 2018. Prime Location: Conveniently located near the new University of Niagara Falls and just 30 minutes from Niagara College. Close to public transit and local amenities. With all units fully rented, this triplex offers immediate positive cash flow and significant growth potential. Contact us today to discuss this opportunity further or to schedule a viewing
EXTRAS: All existing appliances, light fixtures and window coverings, plus furnishings (that do not belong to the tenants}
EXTRAS: All existing appliances, light fixtures and window coverings, plus furnishings (that do not belong to the tenants}
Broker: RE/MAX WEST REALTY INC.
MLS®#: X10365795
Property details
Parking:
7
Parking type:
Detached Garage
Property type:
Triplex
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
-
Lot front:
12.19 M
Lot depth:
55.17 M
Listed on:
Nov 2, 2024
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Instant estimate:
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$40,037
lower than listed pricei
High
$682,240
Mid
$668,863
Low
$647,891