6437 - BARKER Street, Niagara Falls | Image 1

6437 - BARKER Street

Niagara Falls, 216 - Dorchester

  • Commercial

$X,XXX,XXX
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R1E

  • Age: 51-99 years

  • Taxes: 3275

  • MLS®#: X9414745

  • Days on Site: 41 Days

  • Added: Oct 07, 2024 (1 month ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: RE/MAX NIAGARA REALTY LTD, BROKERAGE

Outstanding investment opportunity! Offering two homes on a large lot w/a severable portion and pre-approved drawings for a third home, this property is a dream come true for investors or multi-generational families. The prime location, flexible living arrangements, and development potential make this property an opportunity in today's market. House 1 is a versatile, income-generating powerhouse w/three distinct units, each designed to offer privacy & comfort: Unit 1: 2 beds, 1 bath ideal for small families or young professionals. Unit 2: 2 beds, 2 baths perfect for larger families or roommates seeking spacious living. Unit 3: A cozy studio apartment great for single occupants. Each is self-sufficient w/its own washer & dryer, providing the convenience of in-unit laundry. There's also the potential to add a fourth unit in the bsmt, further increasing rental income. Two of the units are already tenanted, offering a steady cash flow, while one remains vacant. House 2 is a spacious single-family home that offers 4 bedrooms, 2 1/2 bathrooms a large, comfortable living space for growing families A potential in-law suite perfect for multi-generational living or additional rental income This house is currently tenanted, offering immediate income. The flexibility of month-to-month leases across both homes gives you the freedom to adjust rental terms as needed or take advantage of the vacancy for personal use. The severable lot comes complete w/approved drawings for a third home. This allows you to either expand your rental portfolio, develop and sell the additional home, or enjoy the flexibility of a custom-built property to meet your future needs. Nestled in a family-friendly neighborhood, the property is within walking distance of some of Niagara Falls' top schools, making it attractive to families seeking long-term rentals. For entertainment and tourism, you're just minutes from the Casino and Clifton Hill.

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 51-99

  • Area: Niagara Falls

  • Community: 216 - Dorchester

  • Availability Date: Immediate

  • Assessment Amount: $211,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 3

  • Air Conditioning: Central Air

  • Washrooms: 3

Building

  • Basement: Y

  • Heat Type: Forced Air

  • Water Supply: Municipal

Parking

  • Garage Type: Detached

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 96 PL 64 STAMFORD; PT LT 95 PL 64 STAMFORD AS IN RO578340 CIT

  • Taxes: $3,275

Land

  • Cross Street: DRUMMOND RD - BARKER

  • Municipality District: Niagara Falls

  • Parcel Number: 643550120

  • Sewer: Sewers

  • Lot Depth: 110 Feet

  • Lot Frontage: 60 Feet

  • Zoning: R1E

Commercial Specific

  • Total Area: 1552

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

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Somewhat Walkable

  • Some errands can be accomplished on foot.
64 /100

Some Transit

  • Most errands require a car.
45 /100

Bikeable

  • Some errands can be accomplished on bike.
59 /100
Map of 6437 - BARKER Street, Niagara Falls
JK-8

École élémentaire LaMarsh

Elementary: Public
2.09 km
JK-8

Heximer Avenue Public School

Elementary: Public
1.12 km
JK-8

Father Hennepin Catholic Elementary School

Elementary: Catholic
1.74 km
JK-8

James Morden Public School

Elementary: Public
1.77 km
JK-8

Our Lady of Mount Carmel Catholic Elementary School

Elementary: Catholic
0.87 km
JK-8

Princess Margaret Public School

Elementary: Public
0.35 km
9-12

Thorold Secondary School

Secondary: Public
9.12 km
9-12

Westlane Secondary School

Secondary: Public
2.41 km
9-12

Stamford Collegiate

Secondary: Public
0.48 km
Pre-Grade 9-12

Saint Michael Catholic High School

Secondary: Catholic
3.82 km
Pre-Grade 9-12

Saint Paul Catholic High School

Secondary: Catholic
3.41 km
9-12

A N Myer Secondary School

Secondary: Public
3.90 km

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