$1,999,900
Available - For Sale
Listing ID: X12196060
4424 Simcoe Stre , Niagara Falls, L2E 1T8, Niagara
| Unlock long-term value and reliable returns with this professionally improved 9-unit multifamily building located at a prominent corner in the heart of Niagara Falls. Featuring spacious, fully serviced two-bedroom units, this asset blends tenant appeal with operational efficiency.Recent enhance ments including updated interiors, refreshed common areas, and strong infrastructure ensure minimal capital expenditure for years to come. With 15 surface parking stalls, well-managed tenancy, and a projected NOI of $137,465, this building offers immediate income with significant upside potential through market rent growth.Positioned near key amenities and Niagara's renowned attractions, this location provides convenience and demand stability for both short- and long-term tenants. Whether you're expanding your portfolio or seeking a premium asset with growth trajectory, 4424 Simcoe Street is a standout opportunity. Highlights:9 large 2-bedroom units. Recent capital improvements NOI: $137,465Ample on-site parking (15 spaces). Prime corner location with future upside. |
| Price | $1,999,900 |
| Taxes: | $20292.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 4424 Simcoe Stre , Niagara Falls, L2E 1T8, Niagara |
| Postal Code: | L2E 1T8 |
| Province/State: | Niagara |
| Legal Description: | PT LT 44 S/S SIMCOE ST PL 1001 TOWN OF N |
| Directions/Cross Streets: | Simcoe St / Palmer Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 0.43 |
| Total Area Code: | Acres |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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| KELLER WILLIAMS CO-ELEVATION REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 210 - Downtown |
| Tax: | $20,292 |
| Fireplace: | N |
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