4591 Homewood Avenue, Niagara Falls (Cherrywood), Ontario L2E4X9

Listing courtesy of REVEL Realty Inc., Brokerage.

$579,000
6
BD
3
BA

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List Price
$579,000
Status
ACTIVE
Days on Market
0
MLS® #
NiagaraAssociationofREALTORS-X13771472
Style
Raised bungalow
Architectural Style
Raised bungalow
Bedrooms
6
Bathrooms
3
Subdivision
211 - Cherrywood
Neighborhood
211 - Cherrywood
MLS Area Major
211 - Cherrywood

Property Description

INVESTMENT OPPORTUNITY - TWO UNITS VACANT AS OF DECEMBER 1, 2026. This legal non-conforming triplex offers excellent flexibility and income potential, with the rear 1-bedroom unit currently vacant and the main-floor 2-bedroom unit becoming vacant December 1, 2026, allowing a new owner to establish two new tenancies.The main-floor 2-bedroom unit was renovated in 2023, while the lower-level 3-bedroom unit was renovated in 2020 and features large windows with plenty of natural light. The rear unit offers 1 bedroom and 1 bathroom. Additional highlights include an oversized 2-car garage with hydro, two separate hydro meters, a new roof completed in 2023, and an owned hot water tank.With two units available for occupancy as of December, this is a great opportunity for an investor looking to reposition the property and maximize its income potential. (id:5764)

Additional Information

Exterior Features
Aluminum siding
Taxes
$3,820
Community Features
211 - Cherrywood
Property Description
Raised bungalow
Appliances
Water Heater
Heating
Forced air, Natural gas
Air Conditioning
None
Stories
1
Foundation
Block
Parking Features
Detached Garage, Garage

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Calculator source: Real Geeks