LOADING

5749 Summer Street, Niagara Falls

$1,050,000

$1,050,000
10 Bedrooms
5 Bathrooms
2000 sqft

Property Details

Legal non-conforming 4-Plex with additional lower level in-law suite, detached double garage, concrete drive and parking pad for all 4 units. Building features 5 x 2 bedroom units ( 1 with attached lower level 2 bedroom in-law suite w/ separate entrance ) & newly renovated shared coin operated laundry (2024). it is located just steps from Hospital, bus routes, shops and more. 1 rear + 2 front covered porches. 4 units currently occupied & 3 newly renovated unit (2023). Additional updates include 2 updated 100amp breaker panels, windows & doors (2010 & 2015), Basement waterproofing (2011), concrete driveway & parking area (2011), Building & garage roofs (2011), High efficiency boiler system (2012), S/F/E's (2019) plus misc updates to baths (Unit 2 - 2007, Unit 4 - 2011, Unit 4 Lower - 2015 ). Detached double garage provides addition rental income potential + 2.5% rental increases have been issued to all units for January implementation. Proven Gross revenue of $88,000/year. For showings & Income/expense sheet + list of capital improvements (call me 289-968-7773) (id:40167)

  • MLS Number: 40541438
  • Property Type: Multi-family
  • Amenities Near By: Hospital, Public Transit, Schools, Shopping
  • Community Features: Quiet Area, School Bus
  • Features: Laundry- Coin Operated
  • Parking Space Total: 6
  • Bathroom Total: 5
  • Bedrooms Total: 10
  • Basement Development: Partially Finished
  • Basement Type: Full (partially Finished)
  • Cooling Type: None
  • Exterior Finish: Brick, Vinyl Siding
  • Fireplace Present: No
  • Foundation Type: Block
  • Stories Total: 2
  • Size Interior: 2000
  • Type: Fourplex
  • Utility Water: Municipal Water

Request a Showing with Karl

Karl Vanderkuip

Karl Vanderkuip

905-641-1110
Karl@CallKarl.ca
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LISTED BY:
EXP REALTY

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