5957 Barker Street new

Niagara Falls,ON L2G 1Y5

$ 899900

9 Beds

4 Baths

2420 SqFt


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

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