4768 Crysler Ave,Niagara Falls, ON L2E
Niagara Falls, ON L2E
Description
FULLY RENOVATED LEGAL 4-PLEX IN RAPIDLY DEVELOPING NIAGARA FALLS LOCATION! Located just steps from the Niagara River, Niagara Falls University, Clifton Hill, and the GO Station, this fully remodelled multi-family property is an investors dream! With over $67,000 in annual income and a strong 6.75% cap rate, this turn-key opportunity offers both immediate cash flow and long-term appreciation. This LEGAL 4-plex features four fully self-contained, above-grade units - all updated with modern finishes to attract quality tenants. The finished lower level includes a shared laundry area, boosting tenant convenience and income potential. Set on an R5-zoned lot with ample parking and bordering future residential development, this property is surrounded by signs of growth - making it a rare chance to invest in a downtown neighbourhood with future redevelopment potential. BONUS: Seller is covering the first year of property taxes for the new owner, reducing your operating costs from day one.
Details
| MLS # | X12168345 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 29 |
| Listing Provided By | ROYAL LEPAGE NRC REALTY | X12168345 292603 |
Features
| SQ Feet | 2,390 |
|---|---|
| Acreage | 0.05 |
Interior
| Cooling Yes / No | No |
|---|---|
| Cooling | No |
Exterior
| Community Features | Major Highway, Public Transit |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Niagara |
| City | Niagara Falls |
| Postal Code | L2E |
| Area | 210 Downtown |
| Listing VS Median (in L2E) | |
Price: $799,900 low | high Med: $674,900 SqFt: 2,390 low | high Med: 4,317 $ / SqFt: $335 low | high Med: $211 On site: 29 low | high Med: 24.500000 | |
