5749 Summer St

For Sale New 31 hours
$940
10 beds
1 baths

5749 Summer St

For Sale New 31 hours
$940
10 beds
1 baths

Highlights

Key insights

Description

Legal Non-Conforming 4-Plex + In-Law Suite | Prime Investment Opportunity. Fantastic income property featuring 5 x 2-bedroom units, including a lower-level 2-bedroom in-law suite with separate entrance. Set on a large 60.14 x 160.75 ft lot, this turnkey building includes a detached double garage, concrete driveway, and parking for all units.4 units recently renovated with over $240K in upgrades, plus a brand-new coin-operated laundry room (2024). Additional updates: breaker panels, windows/doors, basement waterproofing, roofs (2011), boiler (2012), and bathroom upgrades across several units. Gross annual income approx: $96,500! with very desirable CAP rate of over 8% ! Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location! (id:63267)

TARA HUSSEIN of Royal LePage Our Neighbourhood Realty,
#X12501164
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat source
    Natural gas
  • Heat type
    Forced air
Exterior
  • # parking spaces
    4
Interior
  • # full baths
    1
  • # total bathrooms
    1.0
  • # of above grade bedrooms
    10
Location
  • Subdivision
    215 - hospital
Lot/ Land Details
  • Lot dimensions
    9645
Overview
  • Lot size (acres)
    9645.0
  • Listing #
    X12501164
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29058662/5749-summer-street-niagara-falls-hospital-215-hospital
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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25 Years fixed, 20% down payment, % interest
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