5749 Summer Street, Niagara Falls, Ontario L2G 1M5

Listed for:
$1,050,000
10 beds
5 baths
Listed 88 days ago
Fourplex for rent: 5749 Summer Street, Niagara Falls, Ontario L2G 1M5

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Listing provided by:
EXP REALTY
MLS® number:
40541438
Agent:
Ahmad Al-romani
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About

Summer Street near Hospital between Main Street and Temperance 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:27476)

Property Highlights

Type
Fourplex
Cooling type
None
Heating fuel
Fireplace
No
Construction material
Brick, Vinyl siding
Parking space
6
Ownership Type
Freehold
Amenities nearby
Hospital, Public Transit, Schools, Shopping

Location