
$970,000
Est. Payment
$3,705/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by OUR NEIGHBOURHOOD REALTY INC.
Multiplex•MLS #X12091339•New
Client Remarks
Legal Non-Conforming 4-Plex + In-Law Suite. Prime Investment Opportunity! Impressive rental income featuring 5 x 2-bedroom units, including a lower-level 2-bedroom in-law suite with separate entrance. Set on a large 60.14 x 160.75 ft lot, this turnkey building includes a detached double garage, concrete driveway, and parking for all units. 4 units recently renovated with over $240K in upgrades, plus a brand-new coin-operated laundry room (2024). Additional updates: breaker panels, windows/doors, basement waterproofing, roofs (2011), boiler (2012), and bathroom upgrades across several units. Gross annual income approx: $97,086! with very desirable CAP rate of approx 7.84%. Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location!
About This Property
5749 Summer Street, Niagara Falls, L2G 1M5
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5749 Summer Street, Niagara Falls, L2G 1M5
Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
Mortgage Information
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$0 Principal and Interest
Walk Score for 5749 Summer Street

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