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5749 Summer Street

Niagara Falls, L2G 1M5
10 Beds
5 Bath
1500-2000 sqft

$970,000

Est. Payment
$3,705/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by OUR NEIGHBOURHOOD REALTY INC.
MultiplexMLS #X12091339New

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

Property Type
Multiplex
Lot Size
N/A
Style
2-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Walk-Up
Building Size
N/A
Status
In-Active
Property Type
Multiplex
Maintenance Fee
N/A
Year Built
2024
satellite view
Walk around the neighborhood
5749 Summer Street, Niagara Falls, L2G 1M5
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 5749 Summer Street

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