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5749 SUMMER Street
Niagara Falls Ontario L2G1M5 Canada

$1,050,000

Active Listing ID 40541438
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10 bed
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2,000
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5.00 Bath
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Multi-family

$1,050,000

Active Listing ID 40541438
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5749 SUMMER Street Legal non-conforming 4-Plex with additional lower level in-law suite, detached double garage, concrete drive and parking pad for all 4 units. Building features 5 x 2 bedroom units ( 1 with attached lower level 2 bedroom in-law suite w/ separate entrance ) & newly renovated shared coin operated laundry (2024). it is located just steps from Hospital, bus routes, shops and more. 1 rear + 2 front covered porches. 4 units currently occupied & 3 newly renovated unit (2023). Additional updates include 2 updated 100amp breaker panels, windows & doors (2010 & 2015), Basement waterproofing (2011), concrete driveway & parking area (2011), Building & garage roofs (2011), High efficiency boiler system (2012), S/F/E's (2019) plus misc updates to baths (Unit 2 - 2007, Unit 4 - 2011, Unit 4 Lower - 2015 ). Detached double garage provides addition rental income potential + 2.5% rental increases have been issued to all units for January implementation. Proven Gross revenue of $88, 000/year. For showings & Income/expense sheet + list of capital improvements (call me 289-968-7773) (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Brick, Vinyl siding
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/15/2024 3:25:10 PM GMT
Source Updated Date: 5/25/2024 10:29:27 PM GMT

Courtesy of: AHMADAL-ROMANI, Salesperson, EXP REALTY

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