$620,000

5206 Morrison Street

Niagara Falls ON, L2E 2E4

Description

Attention investors! Welcome to 5206 Morrison Street. Whether youre considering a property to live in to subsidize your mortgage or wanting a full return, this turnkey investment is an excellent opportunity for rental real estate. This 2.5 storey duplex offers 2 units with rent at fair market value: The 1 bedroom unit features a gas fireplace, gas stove, collects $1450 and is inclusive; the upper 2 bedroom unit has recently become VACANT, has a keyless entry, electric fireplace and as recent as last month collected $1650, also inclusive. Well maintained by the owner and updated with some industrial and rustic feels that include a built in live edge table and bench in the upper kitchen. This property also features separate, private entrances as well as separate access to a shared laundry located in the basement; 2 parking spaces featuring a one car garage with a keypad and fob entry; a hot water tank that is one year in age and owned and fire alarms that are hard wired in for safety. Located just minutes away from downtown Niagara Falls and Clifton Hill tourist area, close to the highway. Don't miss out on an incredible opportunity to get into the investment market with this unique property.

Details

MLS#40098870
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site8

Features

SQ Feet1,915
Units2
Building(s)1
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Area Information
ProvinceON
CountyNiagara
CityNiagara Falls
Postal CodeL2E 2E4
AreaNiagara Falls
Listing VS Median (in L2E 2E4)
Price:
$620,000
low | high
Med:
$620,000
50% of Average
SqFt:
1,915
low | high
Med:
1,915
50% of Average
$ / SqFt:
$324
low | high
Med:
$324
50% of Average
On Site:
8
low | high
Med:
8
100% of Average
Sourced by Back At You
Listing Updated: May 10, 2021 8:00:52 PM PDT
WENDI NELSON LogoMLS Number: 40098870
Listing Provided By:
WENDI NELSON  of  COLDWELL BANKER MOMENTUM REALTY BROKERAGE
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