$2,899,800

4444 Simcoe Street

Niagara Falls ON, L2E 1T8

Description

Attention All Investors! Don't miss out on this rare opportunity to own a turn-key 16 unit multi-residential building in Niagara Falls. This solid all brick building has gone through extensive updating and is fully occupied with updated market rents. This multi-plex consists of fourteen 2 bedroom units and two bachelor units. This building is a money making, maintenance free investment that brings in over $200,000 annually. 12 out of 16 units have been completely renovated with new flooring, trim, baseboards, bathrooms and kitchens with quartz counter tops, tiled glass back splash, white modern cupboards and new appliances. There is a large parking lot out back with 14 spaces for tenant parking and a coin operated laundry in the basement of the building that also generates income. This is the perfect property to add to your current investment portfolio or let this self sufficient one be the first. Call now to get all the full details before it is too late!

Details

MLS#30813544
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site95

Features

SQ Feet13,980
Units16
Building(s)1
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Area Information
ProvinceON
CountyNiagara
CityNiagara Falls
Postal CodeL2E 1T8
Area2 - Niagara Falls
Listing VS Median (in L2E 1T8)
Price:
$2,899,800
low | high
Med:
$2,899,800
50% of Average
SqFt:
13,980
low | high
Med:
13,980
50% of Average
$ / SqFt:
$207
low | high
Med:
$207
50% of Average
On Site:
95
low | high
Med:
95
100% of Average
Listing Updated: 09/27/2020
MICHAEL JOSEPH FOSSEY LogoMLS Number: 30813544
Listing Provided By:
MICHAEL JOSEPH FOSSEY  of  REVEL Realty Inc. Brokerage
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