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$499,900
Est. payment /mo
5 Beds
5 Baths
UPDATED:
03/03/2025 03:13 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X11996639
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $2,977
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Affordable 5-unit property featuring 2 spacious 2-bedroom units and 3 bachelor units. Located in a prime area with excellent rental demand. The property includes basement-level laundry facilities, providing additional convenience for tenants. This property offers an outstanding 7.3% CAP Rate, making it an attractive option for investors seeking strong cash flow and long-term profitability.
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 5
Interior
Interior Features Water Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Lighting
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Topography Level
Lot Frontage 34.52
Lot Depth 103.0
Total Parking Spaces 1
Building
Foundation Block
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Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE