For sale
  • C$970,000

    5749 Summer St, Niagara Falls, ON L2G 1M5

    10beds
    5baths
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Detached double garageParking for all unitsBrand-new coin-operated laundry roomBreaker panelsBathroom upgradesOversized lot
    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 7.72%. Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location!
    77 days
    on Zillow
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