4762 KINCAID Pl 4758
Niagara Falls, L2E 1C5
FOR SALE
$849,000
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6
BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSX10427147
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Property Description
Gorgeous detached legal Triplex literally steps to Clifton Hill and Casino!!!., incredible Income property in a perfect location. Meticulously renovated top to bottom, and vacant ready to set your market rents and / or short term rental cash cow! Close To Niagara University, Downtown, Hospital, Church, School, Parks & Transit. Extensively recently renovated, new floors, washrooms, windows, doors, trims, baseboards, pot lights, electrical panel, plumbing, roof, kitchens & appliances in all 3 apartments. All above grade units with 3 separate hydro meters, building has a 1Bedroom Apartment in Main Floor addition, Another 2 Bedroom Apt On 1st Floor" & 3 Bedroom Apt On 2nd Floor. The spacious basement is dry with coin operated laundry that generates additional revenue. A absolutely fantastic addition to any investment portfolio.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2020-12-03 | 2020-12-30 | 27 | $619,900 | - | Terminated |
Property Features
Hospital, Library, Public Transit, School, School Bus Route
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Property Details
Street
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
38' x 58'
Fronting
North
Taxes
$3,821 (2024)
Basement
Part Bsmt, Unfinished
Exterior
Stone, Vinyl Siding
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Front Yard
Garage Type
None
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Niagara Falls Market Statistics
Niagara Falls Price Trend
4762 KINCAID Pl 4758 is a 6-bedroom 3-bathroom home listed for sale at $849,000, which is $146,073 (20.8%) higher than the average sold price of $702,927 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 6 bedroom home in Niagara Falls increased by $72,927 (11.6%) compared to the previous 30 day period (September 21 - October 20) and down $497,073 (41.4%) from the same time one year ago.Inventory Change
There were 5 6-bedroom homes listed in Niagara Falls over the last 30 days (October 21 - November 19), which is up 25.0% compared with the previous 30 day period (September 21 - October 20) and up 150.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Niagara Falls typically sold ($9,827) (1.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $40,073 increase compared to the previous 30 day period (September 21 - October 20) and ($149,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 6-bedroom homes in Niagara Falls over the last 30 days (October 21 - November 19) stood at 180.0%, up from 25.0% over the previous 30 days (September 21 - October 20) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Niagara Falls stood at 37 days when successfully sold over the last 30 days (October 21 - November 19), compared to 167 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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