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$699,000
Status: For Sale
Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location!
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40658629 |
| Listing Type | :Sale |
| Property Age | :100+ Years years |
| Possession Date | : |
| Last Updated | :12 Oct, 2024 (24 Days ago) |
| Source | :Niagara |
| Area | :Niagara |
|---|---|
| City | :Niagara Falls |
| Area Major | :Niagara Falls |
| Area Minor | :215 - Hospital |
| Postal Code | :
L2G 4R1
|
| Directions | :North off Lundy's Lane |
| Price | : $699,000 |
|---|---|
| Property Taxes | :$3025 |
| Tax Year | :2023 |
|---|
| Bedrooms | :6 + |
|---|---|
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :High and Maitland |
| Bathrooms | :3 |
|---|---|
| Approx Square Footage | :2444 sqft |
| Parking Space | :5 |
|---|---|
| Basement | :Separate Entrance |
| Garage | :2 |
|---|---|
| Park | :Park |
04 Oct, 2024
TREB #40658629
Listed
$699000
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