Eli Milenkoff Welland Real Estate
Eli Milenkoff Welland Real Estate


5127 Second Avenue Niagara Falls, Ontario L2E 4J8

6 Bedroom 4 Bathroom 2100
Central Air Conditioning, Ductless Baseboard Heaters, Forced Air, Heat Pump


Investors cash flowing dream at near 7% Cap rate. All utilities, gas, hydro and water have been separated with in suite laundry for each unit. This legal 4plex building has been professionally reframed and finished from the inside out. Two upper 1 bedroom units, open concept are newly finished including ductless split heating and cooling. Two lower 2 bed units, include new forced air heating and cooling, currently being renovated or ready for buyers finishing touches (flooring, kitchen & bath all purchased and on site). Great downtown location close to entertainment district, transit, hospital, highways and US border. Plenty of on and off street (laneway access) parking for all tenants. Set your market rents and enjoy maintenance free ownership for years to come. Selling price AS COMPLETED. Can be negotiated AS IS / WHERE IS. flexible closing, VTB opportunity for serious investor. (id:26677)

Property Details

MLS® Number 40493365
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Quiet Area, School Bus
Features Shared Driveway
Parking Space Total 4


Bathroom Total 4
Bedrooms Total 6
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type Central Air Conditioning, Ductless
Exterior Finish Aluminum Siding, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters, Forced Air, Heat Pump
Stories Total 2
Size Interior 2100
Type Fourplex
Utility Water Municipal Water


Visitor Parking


Access Type Highway Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 142 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2


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