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Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $395
MLS Listing ID 40493365
Bedrooms 6
Annual Tax Amount $4,545
Property Description
Investors cash flowing dream at near 7% Cap rate. All utilities, gas, hydro and water have been separated with in suite laundry for each unit. This legal 4plex building has been professionally reframed and finished from the inside out.
Two upper 1 bedroom units, open concept are newly finished including ductless split heating and cooling. Two lower 2 bed units, include new forced air heating and cooling, currently being renovated or ready for buyers finishing touches (flooring, kitchen & bath all purchased and on site). Great downtown location close to entertainment district, transit, hospital, highways and US border. Plenty of on and off street (laneway access) parking for all tenants. Set your market rents and enjoy maintenance free ownership for years to come.
Selling price AS COMPLETED. Can be negotiated AS IS / WHERE IS. flexible closing, VTB opportunity for serious investor.
Location
Province ON
County Niagara
Area Niagara Falls
Zoning R2
Rooms
Kitchen 0
Interior
Heating Baseboard, Electric, Forced Air, Heat Pump
Cooling Central Air, Ductless, Energy Efficient
Laundry In-Suite
Exterior
Exterior Feature Lighting, Private Entrance, Separate Hydro Meters, Year Round Living
Garage Exclusive, Mutual/Shared, Assigned
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Ample Parking, Business Centre, City Lot, Highway Access, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, School Bus Route, Schools, Shopping Nearby
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Aluminum Siding,Vinyl Siding
New Construction No
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