4424 Simcoe Street, Niagara Falls, ON L2E 1T8

  • $2,400,000
4424 Simcoe Street, Niagara Falls, ON L2E 1T8
  • X9859990
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 0.43
  • Sqft
Active For Sale
4424 Simcoe Street, Niagara Falls, ON L2E 1T8
4424 Simcoe Street, Niagara Falls, ON L2E 1T8
  • $2,400,000

Description

This 9-unit multifamily building at 4424 Simcoe Street, Niagara Falls, has undergone significant improvements, positioning it as a prime investment in a sought-after location. The building features spacious two-bedroom units, providing comfortable living spaces that appeal to a wide range of tenants. Recent updates have enhanced the building’s appeal and durability, including refreshed interiors and well-maintained common areas. Located at the corner of Simcoe Street and Palmer Avenue, residents enjoy easy access to the city’s attractions and essential amenities. With a strong projected net operating income (NOI) of $137,465 and competitive market rental rates, this asset offers stable returns with room for future growth. Fully serviced units and 15 surface parking stalls complete the offering, making this property and excellent addition to any investment portfolio.

Details

MLS® Number
X9859990
Property Size
0.43 Sqft
Updated on October 31, 2024 at 6:50 pm

Additional details

  • Utilities: Yes
  • Sewer: Sanitary+Storm
  • Cooling: No
  • County: Niagara
  • Property Type: Commercial Sale

Address

  • Address 4424 Simcoe Street
  • City Niagara Falls
  • State/county ON
  • Zip/Postal Code L2E 1T8
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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