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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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