$4,600,000

4444 Simcoe Street

Niagara Falls ON, L2E 1T8

Description

Calling all Investors!!!!Don't miss out on this opportunity of owing this prime 16 unit apartment building in the heart of Niagara. This investment property brings in North of $200,000 GROSS ANNUALLY. This cash cow is made up of 14-2bedrooms and 2-bachelor units. The building has undergone extensive renovations within the last three years which include new flooring, trim, baseboards, bathrooms , modern kitchens cabinets with quartz tops, tiled glass back splash and new appliances. Mechanical, fire , domestic water all updated systems with individual hydro meters for all units. There are 14 parking spots included with the potential of adding more parking in the future. The common areas which include the hallways, stairs and a spacious and modern front lobby have all been updated with new carpet, tile and paint. There is onsite coin operated laundry for all tenants and camera monitoring of the building. Cant ask for a better location close to all amenities, bus route, schools and of course a 5 min walk to the New GO STATION. Don't miss out!!!! Wont last long!!!

Details

MLS#40083956
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site39

Features

SQ Feet13,980
Units16
Building(s)1
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Area Information
ProvinceON
CountyNiagara
CityNiagara Falls
Postal CodeL2E 1T8
AreaNiagara Falls
Listing VS Median (in L2E 1T8)
Price:
$4,600,000
low | high
Med:
$4,600,000
50% of Average
SqFt:
13,980
low | high
Med:
13,980
50% of Average
$ / SqFt:
$329
low | high
Med:
$329
50% of Average
On Site:
39
low | high
Med:
39
100% of Average
Sourced by Back At You
Listing Updated: May 16, 2021 8:00:53 PM PDT
REMO DEPROPHETIS LogoMLS Number: 40083956
Listing Provided By:
REMO DEPROPHETIS  of  BUTERA GROUP REALTY INC. BROKERAGE
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