5749 Summer Street

Niagara Falls, L2G 1M5
FOR SALE
$940,000
5749 Summer Street, Niagara Falls
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
5749 Summer Street
Investment
CATEGORY
60.14 x 160.75
LOT SIZE
X12501164
MLSID
Contact Us
Property Description
Legal Non-Conforming 4-Plex + In-Law Suite | Prime Investment Opportunity. Fantastic income property featuring 5 x 2-bedroom units, including a lower-level 2-bedroom in-law suite with separate entrance. Set on a large 60.14 x 160.75 ft lot, this turnkey building includes a detached double garage, concrete driveway, and parking for all units.4 units recently renovated with over $240K in upgrades, plus a brand-new coin-operated laundry room (2024). Additional updates: breaker panels, windows/doors, basement waterproofing, roofs (2011), boiler (2012), and bathroom upgrades across several units. Gross annual income approx: $96,500! with very desirable CAP rate of over 8% ! Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location!
Property Details
Address
5749 Summer Street
Postal Code
L2G 1M5
Property Type
Investment, Investment
Use
Apartment
Zoning
R2
Lot Size
60' x 161'
Acreage
9,645.0 Feet
Taxes
$4,513 (2024
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
4
Garage Type
Double Detached
Listing contracted with Royal Lepage Our Neighbourhood Realty
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