43
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$549,900
Est. payment /mo
6 Beds
3 Baths
New
4758 SECOND AVE Niagara Falls, ON L2E 4H8
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 211 - Cherrywood
MLS Listing ID X12615222
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,405
Tax Year 2025
Property Sub-Type Triplex
Property Description
Welcome to 4758 Second Avenue, a legal non-conforming Triplex in the heart of Niagara Falls - perfect for first-time buyers or savvy investors looking for strong rental income in a high-demand area. This well-maintained property features 2 separate hydro meters, along with a NEW furnace and NEW central air system, offering lower operating costs, improved efficiency, and added appeal to quality tenants.The building includes 2 spacious two-bedroom units and 1 bachelor, giving you the ideal opportunity to live in one unit while the other rentals help pay your mortgage. Located just minutes from the Tourist District, Casinos, GO Train, Niagara University, transit, shopping, and entertainment, it's an excellent location for hospitality workers, students, and professionals.With projected rents of $44,400/year and an estimated NET INCOME of $34,976, this property offers strong cash flow in a rapidly growing neighbourhood. Affordable price point, updated mechanicals, separate meters, and prime location - this is the income-producing opportunity you've been waiting for to start building wealth from day one.
Location
Province ON
County Niagara
Community 211 - Cherrywood
Area Niagara
Zoning R2
Rooms
Family Room No
Basement Separate Entrance, Unfinished
Kitchen 3
Interior
Interior Features Carpet Free, Separate Hydro Meter
Cooling Central Air
Inclusions 3 Stoves, 3 Fridges, 1 Washer & 1 Dryer
Exterior
Parking Features Front Yard Parking, Private Double, Other
Pool None
Roof Type Asphalt Shingle
Lot Frontage 29.6
Lot Depth 150.0
Total Parking Spaces 2
Building
Foundation Poured Concrete
Others
Senior Community No
ParcelsYN No
Listed by COSMOPOLITAN REALTY
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