6141 MAIN St
216 - Dorchester, Niagara Falls, L2G 6A2
FOR SALE
$699,900
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BEDROOMS3
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Property Description
LOCATION, LOCATION, LOCATION, General Commercial investment property one block from new Niagara Falls theatre, Casino, Convention Centre, The New Niagara Falls Exchange (Cultural Hub & Market) and the Falls! Currently a legally non-conforming duplex is being sold as is. Excellent property with the possibility of two vacation rentals, with huge revenue potential. Located in the Drummond-Ville Community Improvement area, this property is eligible for various home improvement subsidies, must apply through the City of Niagara Falls. Great opportunity for the right investor.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-30 | 2025-01-07 | 38 | $759,900 | - | Terminated |
| 2023-11-30 | 2024-03-31 | 122 | $799,900 | - | Expired |
| 2023-11-30 | 2024-03-31 | 122 | $799,900 | - | Expired |
| 2023-04-03 | 2023-12-02 | 243 | $849,900 | - | Terminated |
| 2022-09-16 | 2023-03-31 | 197 | $899,900 | - | Expired |
Property Features
Golf, Hospital
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
40' x 104'
Acreage
< .50
Fronting
East
Taxes
$2,783 (2024)
Basement
Full
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Niagara Falls Market Statistics
Niagara Falls Price Trend
6141 MAIN St is a 3-bedroom 3-bathroom home listed for sale at $699,900, which is $137,517 (24.5%) higher than the average sold price of $562,383 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $32,132 (5.4%) compared to the previous 30 day period (December 22 - January 20) and up $22,328 (4.1%) from the same time one year ago.Inventory Change
There were 84 3-bedroom homes listed in Niagara Falls over the last 30 days (January 21 - February 19), which is down 3.4% compared with the previous 30 day period (December 22 - January 20) and up 64.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($15,213) (2.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,532 decrease compared to the previous 30 day period (December 22 - January 20) and ($22,911) 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 3-bedroom homes in Niagara Falls over the last 30 days (January 21 - February 19) stood at 35.7%, down from 36.8% over the previous 30 days (December 22 - January 20) and down from 52.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Niagara Falls stood at 47 days when successfully sold over the last 30 days (January 21 - February 19), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Niagara Realty Ltd., Brokerage
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Discover the potential in this charming income producing duplex, ideally situated in the heart of downtown Niagara Falls! Set on an expansive 40' x 141' lot, this property offers two spacious apartments & a detached garage that could be used as a workshop/studio. With original character intact, including wood trim, pocket doors & a grand foyer, this home is perfect for those seeking a blend of classic charm & modern convenience. The main unit is a 1bed 1 Bath (can easily be converted back to the original 2 bedroom layout) with an open-concept kitchen flowing into the living area, a dedicated laundry, a walkout to the massive backyard. Upper unit is a light filled 1bed 1bath unit with a convenient upper level laundry rm & access to an unfinished attic for extra storage or potentially a second bedroom. Additional highlights include an enclosed front porch, updated mechanicals (electrical, furnace, A/C, windows & roof), and ample outdoor space. This property offers endless possibilities and is perfectly suited to a variety of buyers. Whether you're an investor seeking rental income from both units, a co-ownership buyer purchasing with a family member or friend, or a homeowner looking to live in one unit while renting out the other, 6133 Prospect St is the ideal opportunity! **EXTRAS** Vacant possession on closing so you can charge market rents! Steps to bus stops & highway. Close to the Falls & Entertainment area, University of Niagara Falls (4342 Queen St), Niagara River & Bridge to USA
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Welcome to this stunning fully renovated legal duplex nestled just moments away from the vibrant tourist area of Niagara Falls, ON. This impeccably designed property offers separate heating controls, separate hydro metres (2 owned hot water heaters), separate gas (2 owned furnaces). Boasting contemporary open-concept layouts, each level features a spacious kitchen seamlessly flowing into the inviting living room area. The kitchens are equipped with sleek cabinetry, high-end appliances and ample countertop space. With two bedrooms on each level, including generous closet space. The well-appointed four-piece bathrooms exude sophistication, offering a serene oasis for unwinding after a day of exploration or adventure. Convenience is paramount with in-suite laundry facilities provided on both levels, ensuring effortless living for occupants. Additionally, the legal duplex status offers peace of mind and investment potential for discerning buyers seeking a lucrative opportunity in the thriving Niagara Falls market. Book your showing today!
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