5078-5086 FIFTH AVENUE, Niagara Falls (Downtown), Ontario, L2E4S5

Property Description

GREAT INVESTMENT OPPORTUNITY ONE MILE FROM THE DOWNTOWN NIAGARA UNIVERSITY CAMPUS,COULD BE A GREAT STUDENT RESIDENCE. WELL MAINTAINED PURPOSE BUILT FOUR PLEX IN PRIME LOCATION IN ESTABLISHED NEIGHBOURHOOD.GREAT FOR OWNER OCCUPANTS AND INVESTORS ALIKE.PROPERTY FEATURES FOUR SELF CONTAINED UNITS ALL TWO BED ONE BATH SPACIOUS LIVING AREAS WITH NATURAL LIGHT.FULL KITCHENS AND 4 PC BATHS(MIROLIN SURROUNDS)PRIVATE OUTDOOR SPACES. ALL UNITS HAVE THIER OWN PRIVATE WALKWAYS AND PRIVATE PATIO OR BALCONY. THE PROPERTY HAS A FULL BASEMENT WITH INDIVIDUAL STORAGE LOCKERS FOR EACH UNIT AND COIN LAUNDRY COMMERCIAL GRADE (WHIRLPOOL) REECENT UPGRADES INCLUDE A COMPLETE REWIRE AND SEPARATE METERS FOR EACH UNIT ALSO EACH HAS THEIR OWN WATER TANK.EFFICIENT HEATING NEWER GAS BOILER 8 YEARS OLD OFFERS RELIABLE HEATING THROUGHOUT THE BUILDING. ROOF REPLACED 2018 INCLUDING ALL PLYWOOD , HIGH QUALITY LONG LASTING METAL CLAD SHEETING FOR DURABILITY. FIRE RATED WALLS INTER CONNECTED SMOKE DETECTORS AND FIRE SUPPRESION SYSTEM IN THE BASEMENT. PROPERTY HAS BACK FLOW WATER PREVENTER AND COMMERCIAL GRADE SUMP PUMP.DETACHED (3) CAR GARAGE WITH INDIVIDUAL DOORS FOR EXTRA STORAGE. CURRENTLY OCCUPIED BY OWNER. SECURE PARKING. MASTER KEY SYSTEM FOR EASY AND SECURE ACCESS TO ALL UNITS. THIS PROPERTY HAS BEEN WELL MAINTAINED AND READY TO GENERATE INCOME. WITH ALL MAJOR SYSTEM UPGRADES THIS FOURPLEX IS A SOLID INVESTMENT WITH MINAMAL UPKEEP. +++++CALL FOR FINANCIALS+++++ (id:64974)

Quick Facts

• Property Type: Fourplex
• Bedrooms: 2 (2 above)
• Bathrooms: 1
• Attached: Yes
• Parking: 7 spaces (Detached Garage, Garage)
• Frontage: 40 ft (12.2 m)

Costs

• Annual Taxes: $4,771.00

Listing Provided by: RE/MAX NIAGARA REALTY LTD, BROKERAGE
Board: Niagara Association of REALTORS®
Data provided via CREA DDF®.