9,750 sqft
None
Radiator
$3,200,000
15 Two-Bedroom Units with Parking & Immediate Lease-Up Potential. A rare opportunity to acquire a 15-unit apartment building with on-site parking in the downtown core of Niagara Falls.All units are two-bedroom layouts, giving investors a strong and desirable rental mix. The building currently includes six vacant units, all turnkey and ready to be leased immediately. This creates a valuable opportunity for a purchaser to select new tenants, establish current market rents, and strengthen the rent roll shortly after closing.Located close to restaurants, coffee shops, entertainment, shopping, transit, and everyday amenities, the property is well positioned for tenants seeking convenient urban living in the heart of the city.The location may also offer potential for alternative rental strategies, including short-term rental use, subject to municipal approvals, licensing requirements, zoning confirmation, and buyer due diligence.A compelling value-add opportunity with 15 two-bedroom units, parking, turnkey vacancy upside, downtown exposure, and long-term potential. (id:49269)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
X13461400 |
|
Property Type
|
Multi-family |
|
Community Name
|
210 - Downtown |
Building
|
Cooling Type
|
None |
|
Heating Type
|
Radiator |
|
Size Exterior
|
9750 Sqft |
|
Size Interior
|
9,750 Sqft |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
100 Ft |
|
Size Frontage
|
112 Ft |
|
Size Irregular
|
Bldg=112 X 100 Ft |
|
Size Total Text
|
Bldg=112 X 100 Ft |
|
Zoning Description
|
Cb |
https://www.realtor.ca/real-estate/29921809/4663-huron-street-niagara-falls-downtown-210-downtown