INVESTMENT OPPORTUNITY - TWO UNITS VACANT AS OF DECEMBER 1, 2026. This legal non-conforming triplex offers excellent flexibility and income potential, with the rear 1-bedroom unit currently vacant and the main-floor 2-bedroom unit becoming vacant December 1, 2026, allowing a new owner to establish two new tenancies.The main-floor 2-bedroom unit was renovated in 2023, while the lower-level 3-bedroom unit was renovated in 2020 and features large windows with plenty of natural light. The rear unit offers 1 bedroom and 1 bathroom. Additional highlights include an oversized 2-car garage with hydro, two separate hydro meters, a new roof completed in 2023, and an owned hot water tank.With two units available for occupancy as of December, this is a great opportunity for an investor looking to reposition the property and maximize its income potential. (id:13843)
| MLS # | X13771472 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 46 |
| Listing Provided By | REVEL Realty Inc., Brokerage | Vichit Altmann |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,100 |
| Garage | 7 |
| Basement | Y |
| Story(s) | 1 |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Water Heater |
| Fireplace Yes / No | No |
| Foundation Details | Block |
|---|
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 7 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3820 |
|---|
| Province | ON |
|---|---|
| City | Niagara Falls (Cherrywood) |
| Postal Code | L2E4X9 |
| Listing VS Median (in L2E4X9) | |
Price: $579,000 low | high Med: $579,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $526 low | high Med: $526 On site: 46 low | high Med: 46 | |
| Province | ON |
|---|---|
| City | Niagara Falls (Cherrywood) |
| Postal Code | L2E4X9 |
| Listing VS Median (in L2E4X9) | |
Price: $579,000 low | high Med: $579,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $526 low | high Med: $526 On site: 46 low | high Med: 46 | |