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
MLS®
X13771472
Days on Market
8
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
6
Bathrooms
3
Lot Size Dimensions
40 x 130 FT
Subdivision
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

Garage
Yes
Subdivision
211 - Cherrywood
Parking Spaces
7
Cooling
None
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Architectural Style
Raised bungalow
Stories
1

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