5749 Summer Street, Niagara Falls, ON L2G 1M5

  • $970,000
5749 Summer Street, Niagara Falls, ON L2G 1M5
Active For Sale
5749 Summer Street, Niagara Falls, ON L2G 1M5
5749 Summer Street, Niagara Falls, ON L2G 1M5
  • $970,000

Overview

Property ID: HZX12091339
  • Multiplex, Residential
  • Property Type
  • 10
  • Bedrooms
  • 5
  • Bathrooms

Description

Legal Non-Conforming 4-Plex + In-Law Suite. Prime Investment Opportunity! Impressive rental income 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: $98,286! with very desirable CAP rate of approx 7.95%. Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location!

  • Address 5749 Summer Street
  • City Niagara Falls
  • State/county ON
  • Zip/Postal Code L2G 1M5
  • Country CA

Details

Updated on April 18, 2025 at 4:25 pm
  • Property ID: HZX12091339
  • Price: $970,000
  • Bedrooms: 10
  • Bathrooms: 5
  • Garage Size: x x
  • Property Type: Multiplex, Residential
  • Property Status: Active, For Sale

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: None
  • County: Niagara
  • Property Type: Residential
  • Pool: None
  • Architectural Style: 2-Storey

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