4768 CRYSLER Avenue, Niagara Falls, ON L2E 3W1

FULLY RENOVATED LEGAL 4-PLEX IN RAPIDLY DEVELOPING NIAGARA FALLS LOCATION! Located just steps from the Niagara River, Niagara Falls University, Clifton Hill, and the GO Station, this fully remodelled multi-family property is an investors dream! With over $67,000 in annual income and a strong 6.75% cap rate, this turn-key opportunity offers both immediate cash flow and long-term appreciation. This LEGAL 4-plex features four fully self-contained, above-grade units – all updated with modern finishes to attract quality tenants. The finished lower level includes a shared laundry area, boosting tenant convenience and income potential. Set on an R5-zoned lot with ample parking and bordering future residential development, this property is surrounded by signs of growth – making it a rare chance to invest in a downtown neighbourhood with future redevelopment potential. BONUS: Seller is covering the first year of property taxes for the new owner, reducing your operating costs from day one.

Details

MLS® Number
X12168345

Property Size
2390 Sqft