$749,950

Investment For Sale In Elgin, Niagara Falls, Ontario

$749,950

Property Information:

WELCOME TO 4361 SIXTH AVENUE AND WELCOME TO ONE OF NIAGARA FALLS' MOST INTERESTING HOME PURCHASE OPTIONS. THIS HOME FEATURES A MAIN FLOOR UNIT WITH THREE BEDROOMS AND ONE BATHROOM / A SECOND FLOOR UNIT WITH THREE BEDROOMS AND ONE BATHROOM / AND A ONE BEDROOM WITH ONE BATHROOM (ABOVE THE GARAGE). ALL UNITS HAVE UNDERGONE EXTENSIVE RENOVATIONS WITH COSTS APPROXIMATE TO $125,000. ALL BOAST NEW INTERIORS THAT INCLUDE: SOFT NEUTRAL PALETTES / ENGINEERED FLOORING / BRAND NEW STAINLESS STEEL APPLIANCES, AND PRIVATE LAUNDRY. THE MAIN FLOOR AND ABOVE GARAGE UNIT ARE TENANTED AND THE SECOND FLOOR UNIT IS VACANT. THIS IS THE PERFECT PROPERTY FOR AN INVESTOR WITH THE POTENTIAL OF A 6.0% - 6.4% CAP RATE. EQUALLY ATTRACTIVE TO BUYERS THAT WOULD LIKE TO LIVE IN ONE UNIT AND OFFSET MORTGAGE PAYMENTS WITH RENTAL INCOME. MULTI-GENERATIONAL? ANOTHER FANTASTIC CONSIDERATION. TRULY TURN-KEY. SHOWS BEAUTIFULLY. IMMEDIATE POSSESSION AVAILABLE.

Inclusions: Other,Total Of 3 Fridges / 3 Stoves / 3 Washers / 3 Dryers / Range Hood - All Stainless Steel.

Building Features:

  • Floor Space: 1960 Square Feet

Property Features:

  • Bedrooms: 7
  • Acres Range: < 0.5
  • Basement: Crawl Space, Unfinished
  • Construction Materials: Aluminum Siding
  • Cooling: Central Air, Ductless
  • Driveway Parking: Front Yard Parking
  • Exterior Features: Separate Hydro Meters
  • Floor Space (approx): 1960 Square Feet
  • Heating: Baseboard, Fireplace(s), Forced Air, Natural Gas, Heat Pump
  • Interior Features: Accessory Apartment
  • Laundry Features: In-Suite, Other
  • Lot Depth: 111.1 Feet
  • Lot Features: Ample Parking, City Lot, Highway Access, Hospital, Library, Park, Place of Worship, Public Transit, Quiet Area, Regional Mall, Schools, Shopping Nearby
  • Lot Frontage: 40.00 Feet
  • Parking Features: Detached Garage, Gravel
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: EXP REALTY, EXP REALTY OF CANADA INC

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved