5749 Summer Street, Niagara Falls, Ontario  L2G 1M5 - Photo 1 - X12501164
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5749 Summer Street
Niagara Falls, Ontario L2G 1M5

Legal Non-Conforming 4-Plex + In-Law Suite | Prime Investment Opportunity. Fantastic income property featuring 5 x 2-bedroom units, including a lower-level 2-bedroom in-law suite with separate entrance. Set on a large 60.14 x 160.75 ft lot, this turnkey building includes a detached double garage, concrete driveway, and parking for all units.4 units recently renovated with over $240K in upgrades, plus a brand-new coin-operated laundry room (2024). Additional updates: breaker panels, windows/doors, basement waterproofing, roofs (2011), boiler (2012), and bathroom upgrades across several units. Gross annual income approx: $96,500! with very desirable CAP rate of over 8% ! Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location! (id:15265)

$940,000 For sale

MLS® Number
X12501164
Type
Multi-family
Building Type
Multi-Family
Bedrooms
10
Bathrooms
1
Parking
4
Cooling
None
Heating
Forced Air
Acreage
Acreage

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Property Details

MLS® Number X12501164
Property Type Multi-family
Community Name 215 - Hospital
ParkingSpaceTotal 4

Land

Acreage Yes
SizeDepth 160 Ft ,9 In
SizeFrontage 60 Ft ,1 In
SizeIrregular 9645
SizeTotal 9645 Ac
SizeTotalText 9645 Ac
ZoningDescription R2

Building

BathroomTotal 1
BedroomsTotal 10
CoolingType None
HeatingFuel Natural Gas
HeatingType Forced Air
Type Multi-family
UtilityWater Municipal Water

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agent steve simard

Steve Simard

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fank

Frank DeCicco

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