Located just steps from the Niagara River, Niagara Falls U, Clifton Hill and the GO Station, this fully remodelled multi-family property is an investors dream! Boasting a strong 6.75% cap rate and over $67,000 in annual income, this turn-key opportunity is perfect for those looking for immediate cash flow and long-term appreciation. This LEGAL 4-plex features four (above grade) fully self-contained units! Each unit is updated throughout with modern finishes and the lower level is finished with common laundry area maximizing tenant appeal and rental income potential! With strong rental demand, a prime location, and no additional work needed, this property is a rare find in the multi-family market. Ample parking for all tenants, and R5 zoning for future development use. Connect today to add this impressive asset to your investment portfolio! |
Price | $799,900 |
Taxes: | $3927.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 4768 CRYSLER Aven , Niagara Falls, L2E 3W1, Niagara |
Postal Code: | L2E 3W1 |
Province/State: | Niagara |
Legal Description: | PT LT 15 BLK Q PL 999-1000 TOWN OF NIAGA |
Directions/Cross Streets: | Victoria Ave to Morrison and Left on Crysler 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 |
Category: | Apartment |
Use: | Apts - 2 To 5 Units |
Building Percentage: | T |
Total Area: | 2390.00 |
Total Area Code: | Square Feet |
Area Influences: | Major Highway Public Transit |
Financial Statement: | T |
Chattels: | T |
Water Expense: | $1876 |
Expenses Actual/Estimated: | $Est |
Washrooms: | 0 |
Outside Storage: | T |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE NRC REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Niagara |
Municipality: | Niagara Falls |
Neighbourhood: | 210 - Downtown |
Tax: | $3,927 |
Fireplace: | N |