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 Square. 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 Details
Street
Property Type
Fourplex, 2 1/2 Storey
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Attention Investors! Don't miss this incredible opportunity to own a legal triplex with a non-conforming 4th unit in a prime Niagara Falls location! Situated near Clifton Hill, Lundy's Lane, and all amenities, this GC-zoned property offers versatile investment potential, including Short-Term Rentals & Airbnb. Featuring two 2-bedroom units and two 1-bedroom units, this property has seen significant updates, including renovated units, a nearly finished basement, and a full exterior makeover. Plus, permits are in place for a basement storage unit, adding potential for extra income. With multiple new developments nearby on Victoria Avenue, this investment is only getting better!
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