$ 699,000
5748 LEONARD AVENUE Niagara Falls (215 - Hospital), ON L2G4R1
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$ 699,000
Est. payment | /mo
6 Beds
3 Baths
2,444 SqFt
$ 699,000
Est. payment | /mo
6 Beds
3 Baths
2,444 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,444 sqft
Price per Sqft $286
Subdivision 215 - Hospital
MLS® Listing ID X9414986
Bedrooms 6
Originating Board Niagara Association of REALTORS®
Property Description
Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location! (id:24570)
Location
Province ON
Interior
Heating Forced air
Exterior
Garage Yes
Waterfront No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Sewer Sanitary sewer
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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Andy Katoch
Agent | License ID: LDKATOCAN