4902 Mcrae St

Niagara Falls, L2E 1N8
FOR SALE
$810,000
Sold
$730,000
4902 Mcrae St, Niagara Falls
4902 Mcrae St
4902 Mcrae St
4902 Mcrae St
4902 Mcrae St
4902 Mcrae St
4902 Mcrae St
4902 Mcrae St
4902 Mcrae St
4902 Mcrae St
6
BEDROOMS
4
BATHROOMS
4
KITCHENS
20 + 1
ROOMS
X8046362
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-05 2024-03-22 49 $810,000 $730,000 Sold
2024-01-10 2024-02-04 25 $899,900 - Terminated
2023-12-05 2024-01-08 34 $899,900 - Terminated
2021-05-17 2021-06-01 16 $599,900 $563,000 Sold
Property Description
Exceptional 4-unit multi-residential property for savvy investors! Located near a bustling casino and tourist attractions, this 2900 sq. ft. gem offers 2 one-bedroom and 2 spacious two-bedroom units on a fenced 120 ft deep lot. Recent upgrades include a new roof and boiler system (2021), over $200,000 in renovations, and safety enhancements like a fire alarm system and updated fire panel. Infrastructure improvements include a rebuilt front porch (2020), updated fencing (2019), new boiler control panel (2012), modern hydro panel (2007), and owned hot water heater (2017). With a proven track record of profitability and potential for higher returns, this turnkey investment is in a sought-after location.
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Property Details
Street
Property Type
Fourplex, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
38' x 120'
Acreage
< .50
Fronting
South
Taxes
$8,253 (2023)
Basement
Sep Entrance, Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Radiant
Heat Source
Electric
Air Conditioning
Other
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrMain11.29' x 12.30'
BrMain7.51' x 15.22'
LivingMain17.55' x 12.37'
KitchenMain9.22' x 10.53'
Kitchen2nd5.64' x 9.58'
Br2nd12.04' x 12.14'
Living2nd14.76' x 11.78'
Kitchen2nd6.69' x 11.25'
Family2nd12.99' x 13.85'
Br2nd8.04' x 10.01'
Kitchen3rd7.22' x 9.09'
Family3rd12.01' x 15.06'
Similar Listings
5000 Bridge St, Niagara Falls
6
BEDS
4
BATHS
$765,000
FOR SALE
Attention Investors! A fantastic opportunity to own this legal triplex with a non-confirming 4th unit close to Clifton Hill, Lundys Lane & all amenities! With 2 2-bed units and 2 1-bed units, Zoned GC which allows for several different investment strategies, including Short Term Rentals & AirBnb. Updates include: 2 units have been recently renovated, the basement has been mostly finished as well as a full exterior makeover! Permits have also been issued for a storage unit in the basement for potential additional income. With multiple new developments close by on Victoria, this make this investment even more attractive! Don't miss this unique investment opportunity!
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