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4768 CRYSLER AVENUE
Niagara Falls (Downtown) Ontario , L2E3W1 , Canada
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*Virtually Staged
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*Virtually Staged
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Nick Louras
Agent
Broker
Phone: 905.357.3000
Cell: 905.359.7884

Royal LePage NRC Realty
Brokerage:
4850 DORCHESTER ROAD
Niagara Falls, ON
L2E6N9
Phone: 905.357.3000
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

$799,900.00
MLS® X12168345
Investment
Lot Frontage: 50.0 Feet
Lot Depth: 100.0 Feet
Lot Size: 50 x 100 FT
No. of Parking Spaces: 4
Floor Space (approx): 2390 Square Feet
Zoning: R5F
Remarks:
FULLY RENOVATED LEGAL 4-PLEX IN RAPIDLY DEVELOPING NIAGARA FALLS LOCATION! Located just steps from the Niagara River, Niagara Falls University, Clifton Hill, and the GO Station, this fully remodelled multi-family property is an investors dream! With over $67,000 in annual income and a strong 6.75% cap rate, this turn-key opportunity offers both immediate cash flow and long-term appreciation. This LEGAL 4-plex features four fully self-contained, above-grade units - all updated with modern finishes to attract quality tenants. The finished lower level includes a shared laundry area, boosting tenant convenience and income potential. Set on an R5-zoned lot with ample parking and bordering future residential development, this property is surrounded by signs of growth - making it a rare chance to invest in a downtown neighbourhood with future redevelopment potential. BONUS: Seller is covering the first year of property taxes for the new owner, reducing your operating costs from day one. (id:7525)

Property Features:
  • Amenities Nearby: Highway , Public Transit
  • Property Type: Multi-family
Building Features:
  • Building Type: Multi-Family
  • Heating Fuel: Natural gas
  • Heating Type: Forced air

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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