5957 Barker Street new Save Request In-Person Tour Request Virtual Tour
Niagara Falls,ON L2G 1Y5
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,420 sqft
Price per Sqft $371
MLS Listing ID 40761911
Bedrooms 9
Abv Grd Liv Area 2,420
Annual Tax Amount $4,415
Property Sub-Type Multi-4 Unit
Source Cornerstone
Property Description
Prime Investment Opportunity: 4-Plex with updates, in the Heart of Niagara Falls. Unlock the potential of this recently updated 4-plex, perfectly positioned in a prime Niagara Falls location. This property presents a turnkey investment with significant upside, offering immediate rental income and future growth prospects.This multi-unit dwelling is an ideal addition to any real estate portfolio, boasting modern updates that attract quality tenants. The property's proximity to a wealth of amenities ensures high demand and low vacancy rates.Key Investment. Each of the four units have had updates to offer comfortable living spaces, minimizing the need for immediate capital expenditures.Additional Income Potential: The property includes a two-car garage, offering the opportunity for additional rental income.Future Rent Increases: With a strong and growing rental market in Niagara Falls, there is significant potential for future rent increases, maximizing your return on investment.Property Features:Solid construction with recent updates.Separate entrances for each unit. Location, Location, Location:Situated on Barker Street, this property offers residents convenient access to all that Niagara Falls has to offer. The surrounding neighborhood is quiet, yet just moments away from major attractions and essential services.Residents will appreciate the close proximity to:Shopping and Dining: A variety of grocery stores, including No Frills, and numerous restaurants are within a short walk or drive.Parks and Recreation: Enjoy nearby parks and green spaces for leisure and outdoor activities.Tourist Attractions: The world-famous Niagara Falls, Clifton Hill, and the Fallsview Casino Resort are all easily accessible, providing endless entertainment options.
Location
Province ON
County Niagara
Area Niagara Falls
Zoning R3, R2, GC
Direction LUNDYS LANE TO MAIN ST TO BARKER ST
Rooms
Basement Full,Finished
Kitchen 0
Interior
Interior Features None
Heating Natural Gas,Radiant
Cooling Other
Fireplace No
Appliance Refrigerator,Stove
Laundry None
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Roof Type Asphalt Shing
Lot Frontage 47.05
Lot Depth 96.5
Garage Yes
Building
Lot Description Rectangular,Hospital,Place of Worship,Public Parking,Public Transit
Faces LUNDYS LANE TO MAIN ST TO BARKER ST
Story 2
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick Veneer
New Construction No
Others
Senior Community No
Tax ID 643540043
Ownership Freehold/None