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5078-5086 FIFTH AVE Niagara Falls, ON L2E 4S5
2 Beds
1 Bath
UPDATED:
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
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
