Niagara Falls, ON L2G 1M5,5749 Summer Street
Niagara Falls, ON L2G 1M5,5749 Summer Street
Niagara Falls, ON L2G 1M5,5749 Summer Street
$740,000
Est. payment /mo
$749,900
1.3%
Est.Price: ?

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10 Beds
5 Baths
2,000 SqFt
SOLD DATE : 10/25/2022

Key Details

Sold Price $740,000

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Sold

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $370

MLS Listing ID 40330256

Bedrooms 10

Annual Tax Amount $3,863

Property Description

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 4 x 2 bedroom units ( + 1 with attached lower level 2 bedroom in-law suite w/ separate entrance ) & shared coin operated laundry located just steps from Hospital, bus routes, shops and more. 1 rear + 2 front covered porches. 3 units currently occupied & 1 newly renovated unit (2022) vacant and ready to rent. 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. Income/expense sheet + list of capital improvements located in attachments.

Location

Province ON

County Niagara

Area Niagara Falls

Zoning R2

Rooms

Kitchen 0

Interior

Heating Gas Hot Water

Cooling None

Laundry Common Area, In Basement

Exterior

Garage Detached Garage, Concrete

Garage Spaces 2.0

Fence Fence - Partial

Waterfront No

Roof Type Asphalt Shing

Building

Lot Description Urban, Rectangular, City Lot, Highway Access, Hospital, Public Transit, School Bus Route, Schools, Shopping Nearby

Story 2

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal-Metered

Structure Type Brick, Vinyl Siding

New Construction No

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Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERA

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