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5749 Summer Street Niagara Falls, Ontario L2G 1M5
10 Bedroom
5 Bathroom
2000
None
$1,050,000
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:48215)
Property Details
| MLS® Number | 40541438 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Public Transit, Schools, Shopping |
| Community Features | Quiet Area, School Bus |
| Features | Laundry- Coin Operated |
| Parking Space Total | 6 |
Building
| Bathroom Total | 5 |
| Bedrooms Total | 10 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Block |
| Stories Total | 2 |
| Size Interior | 2000 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Visitor Parking |
Land
| Access Type | Highway Access |
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Hospital, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 159 Ft |
| Size Frontage | 60 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/26516401/5749-summer-street-niagara-falls
Ahmad Al-Romani
Salesperson
Exp Realty
4025 Dorchester Road, Suite 260
Niagara Falls, Ontario L2E 7K8
4025 Dorchester Road, Suite 260
Niagara Falls, Ontario L2E 7K8
(866) 530-7737
https://exprealty.ca/
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April 28 2024 08:02:27
Niagara Association of REALTORSยฎ
Exp Realty