Added 2 weeks ago
-
Type: Triplex
-
Style: 2 1/2 Storey
-
Lot Size: 40 x 181 Feet
-
Age: No Data
-
Taxes: $3,758 per year
-
Days on Site: 2 Days
-
Added: Oct 31, 2024 (2 weeks ago)
-
Updated:
-
Last Checked: 10 hours ago
-
MLS®#: X10365795
-
Listed By: Re/max west realty inc.
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}
Upcoming Open Houses
We do not have information on any open houses currently scheduled.
Schedule a Private Tour -
Contact Us
Property
Status: Sale
Property Type: Triplex
Style: 2 1/2 Storey
Area: Niagara Falls
Inside
Bedrooms: 7
Bathrooms: 4
Kitchens: 3
Rooms: 20
Den/Family Room: Yes
Air Conditioning: Central Air
Fireplace: No
Washrooms: 4
Utilities
Electricity: Yes
Gas: Yes
Cable: Available
Building
Basement: Apartment
Heat Type: Forced Air
Heat Source: Gas
Exterior: Stucco/Plaster
Exterior: Vinyl Siding
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Spaces: 2
Garage Type: Detached
Covered Parking Spaces: 5
Total Parking Spaces: 7
Fees
Tax Year: 2024
Tax Legal Description: LT 5 PL 324 VILLAGE OF NIAGARA FALLS ; NIAGARA FALLS
Taxes: $3,758
Land
Cross Street: Dorchester Road
Municipality District: Niagara Falls
Fronting On: North
Pool: None
Sewer: Sewers
Lot Depth: 181 Feet
Lot Frontage: 40 Feet
Very Walkable
- Most errands can be accomplished on foot.
Some Transit
- Most errands require a car.
Bikeable
- Some errands can be accomplished on bike.
École élémentaire LaMarsh
Elementary: PublicHeximer Avenue Public School
Elementary: PublicSt Mary Catholic Elementary School
Elementary: CatholicFather Hennepin Catholic Elementary School
Elementary: CatholicOur Lady of Mount Carmel Catholic Elementary School
Elementary: CatholicPrincess Margaret Public School
Elementary: PublicThorold Secondary School
Secondary: PublicWestlane Secondary School
Secondary: PublicStamford Collegiate
Secondary: PublicSaint Michael Catholic High School
Secondary: CatholicSaint Paul Catholic High School
Secondary: CatholicA N Myer Secondary School
Secondary: Public-
Niagara Park
Niagara Falls ON 1.67km -
Niagara parkway
Niagara Falls ON 1.84km -
Oakes Park
5700 Morrison St (Stanley Ave.), Niagara Falls ON L2E 2E9 1.89km
-
ATM
6400 Lundy's Lane, Niagara Falls ON L2G 1T6 0.36km -
BMO Bank of Montreal
6484 Lundys Lane, Niagara Falls ON L2G 1T6 0.48km -
Money Mart
5885 Ferry St, Niagara Falls, NY 0.53km