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4758 SECOND AVENUE
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4758 SECOND AVENUE $549,900
5 days ago
$549,900
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4758 SECOND AVENUE
Niagara Falls (Cherrywood), Ontario L2E4H8

MLS® Number: X12615222
6
Bedrooms
3
Bathrooms
1100 - 1500
Square Feet

Listing Description

Welcome to 4758 Second Avenue, a legal non-conforming Triplex in the heart of Niagara Falls - perfect for first-time buyers or savvy investors looking for strong rental income in a high-demand area. This well-maintained property features 2 separate hydro meters, along with a NEW furnace and NEW central air system, offering lower operating costs, improved efficiency, and added appeal to quality tenants.The building includes 2 spacious two-bedroom units and 1 bachelor, giving you the ideal opportunity to live in one unit while the other rentals help pay your mortgage. Located just minutes from the Tourist District, Casinos, GO Train, Niagara University, transit, shopping, and entertainment, it's an excellent location for hospitality workers, students, and professionals.With projected rents of $44,400/year and an estimated NET INCOME of $34,976, this property offers strong cash flow in a rapidly growing neighbourhood. Affordable price point, updated mechanicals, separate meters, and prime location - this is the income-producing opportunity you've been waiting for to start building wealth from day one. (41791930)

Location Description

Cross Streets: Second Ave. ** Directions: From Victoria Ave, go west on Morrison St, then turn north onto Second Ave.

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1100 - 1500 sqft
Community Name
211 - Cherrywood
Land Size
29.6 x 150 FT|under 1/2 acre
Annual Property Taxes
$2,405
Parking Type
No Garage
Time on REALTOR.ca
5 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
3
Interior Features
Appliances Included
Water meter, Dryer, Stove, Washer, Refrigerator
Basement Features
Separate entrance
Basement Type
Unfinished
Building Features
Features
Carpet Free
Foundation Type
Poured Concrete
Building Amenities
Separate Electricity Meters
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Public Transit, Place of Worship, Schools, Park
Parking
Parking Type
No Garage
Total Parking Spaces
2

Measurements

Square Footage
1100 - 1500 sqft

Land

Lot Features
Frontage
29 ft ,7 in
Land Depth
150 ft
Other Property Information
Zoning Description
R2
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416-819-0009
Email
COSMOPOLITAN REALTY
Brokerage
6746 MORRISON STREET
NIAGARA FALLS, Ontario L2E6Z8
289-296-1216
289-296-2616
Office Website

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