5078-5086 FIFTH AVE new

Niagara Falls,ON L2E 4S5

$ 899900

2 Beds

1 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 210 - Downtown

MLS Listing ID X12440874

Style 2-Storey

Bedrooms 2

Annual Tax Amount $4,771

Tax Year 2025

Property Sub-Type Fourplex

Property Description

GREAT INVESTMENT OPPORTUNITY ONE MILE FROM THE DOWNTOWN NIAGARA UNIVERSITY CAMPUS,COULD BE A GREAT STUDENT RESIDENCE. WELL MAINTAINED PURPOSE BUILT FOUR PLEX IN PRIME LOCATION IN ESTABLISHED NEIGHBOURHOOD.GREAT FOR OWNER OCCUPANTS AND INVESTORS ALIKE.PROPERTY FEATURES FOUR SELF CONTAINED UNITS ALL TWO BED ONE BATH SPACIOUS LIVING AREAS WITH NATURAL LIGHT.FULL KITCHENS AND 4 PC BATHS(MIROLIN SURROUNDS)PRIVATE OUTDOOR SPACES. ALL UNITS HAVE THIER OWN PRIVATE WALKWAYS AND PRIVATE PATIO OR BALCONY. THE PROPERTY HAS A FULL BASEMENT WITH INDIVIDUAL STORAGE LOCKERS FOR EACH UNIT AND COIN LAUNDRY COMMERCIAL GRADE (WHIRLPOOL) REECENT UPGRADES INCLUDE A COMPLETE REWIRE AND SEPARATE METERS FOR EACH UNIT ALSO EACH HAS THEIR OWN WATER TANK.EFFICIENT HEATING NEWER GAS BOILER 8 YEARS OLD OFFERS RELIABLE HEATING THROUGHOUT THE BUILDING. ROOF REPLACED 2018 INCLUDING ALL PLYWOOD , HIGH QUALITY LONG LASTING METAL CLAD SHEETING FOR DURABILITY. FIRE RATED WALLS INTER CONNECTED SMOKE DETECTORS AND FIRE SUPPRESION SYSTEM IN THE BASEMENT. PROPERTY HAS BACK FLOW WATER PREVENTER AND COMMERCIAL GRADE SUMP PUMP.DETACHED (3) CAR GARAGE WITH INDIVIDUAL DOORS FOR EXTRA STORAGE. CURRENTLY OCCUPIED BY OWNER. SECURE PARKING. MASTER KEY SYSTEM FOR EASY AND SECURE ACCESS TO ALL UNITS. THIS PROPERTY HAS BEEN WELL MAINTAINED AND READY TO GENERATE INCOME. WITH ALL MAJOR SYSTEM UPGRADES THIS FOURPLEX IS A SOLID INVESTMENT WITH MINAMAL UPKEEP. +++++CALL FOR FINANCIALS+++++

Location

Province ON

County Niagara

Community 210 - Downtown

Area Niagara

Rooms

Family Room No

Basement Unfinished,Full

Kitchen 1

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch,Deck

Parking Features Private

Garage Spaces 3.0

Pool Other

Roof Type Metal

Lot Frontage 40.0

Lot Depth 143.2

Total Parking Spaces 7

Building

Foundation Concrete Block

View More
Favorite Go Tour