Bedrooms: 6
Bathrooms: 4
Status: For sale
Address: 5127 SECOND Avenue, Niagara Falls, L2E4J8
MLS: 40493365
Type: Multi-family / Freehold
Building Type: Fourplex
Lot Size: 40' x 142'
Heating Fuel: Electric
Heating Type: Baseboard heaters, Forced air, Heat Pump
Cooling: Central air conditioning, Ductless
Water: Municipal water
Floor Space: 2100
Lot Size: 40' x 142'
Exterior: Aluminum siding, Vinyl siding
Basement Type: Partial (Unfinished)
Basement Development: Unfinished
Agency: Courtesy of EXP REALTY
Description
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:52766)