6175 Barker Street Niagara Falls, Ontario L2G 1Y5
$708,900
Solid Investment Opportunity: This fully rented legal 2.5-storey triplex presents a strong investment opportunity, delivering consistent cash flow with three separate rental units and expansion potential Property Highlights: Unit 1 - Main House: 4 large bedrooms, 2 bathrooms, a spacious kitchen, and a bright living/dining area with decorative fireplace. Second-floor laundry for tenant convenience. Unit 2 - Basement Apartment: Features a separate entrance, updated kitchen, newer 4-piece bath, and 2 large bedrooms Unit 3 - Back Unit: 1-bedroom apartment with an updated kitchen and 3-piece bathroom, suitable for singles or couples. Additional Features: Detached 2.5-Car Garage: This 20x23 ft garage includes hydro and has potential for additional rental income or conversion to an auxiliary unit. Expansion Potential: Consider converting the garage into a fourth unit or building a secondary unit on the existing pad. Recent Upgrades: New furnace (2023), updated plumbing and wiring, some newer windows, and a new roof (2021). Central A/C added in 2018. Prime Location: Conveniently located near the new University of Niagara Falls and just 30 minutes from Niagara College. Close to public transit and local amenities. With all units fully rented, this triplex offers immediate positive cash flow and significant growth potential. **** EXTRAS **** All existing appliances, light fixtures and window coverings, plus furnishings (that do not belong to the tenants) (id:50449)
Property Details
| MLS® Number | X10365795 |
| Property Type | Single Family |
| Parking Space Total | 7 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Amenities | Separate Electricity Meters |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco, Vinyl Siding |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 181 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 181 Ft |
| Size Total Text | 40 X 181 Ft |
Utilities
| Cable | Available |
| Sewer | Installed |
https://www.realtor.ca/real-estate/27607934/6175-barker-street-niagara-falls
Broker
(416) 745-2300
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December 04 2024 12:36:22
Toronto Real Estate Board
RE/MAX West Realty Inc.