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5957 Barker Street Niagara Falls, Ontario L2G 1Y5

9 Bedroom 4 Bathroom 2420 sqft
Radiant Heat Acreage

$899,900

Prime Investment Opportunity: 4-Plex with updates, in the Heart of Niagara Falls. Unlock the potential of this recently updated 4-plex, perfectly positioned in a prime Niagara Falls location. This property presents a turnkey investment with significant upside, offering immediate rental income and future growth prospects.This multi-unit dwelling is an ideal addition to any real estate portfolio, boasting modern updates that attract quality tenants. The property's proximity to a wealth of amenities ensures high demand and low vacancy rates.Key Investment. Each of the four units have had updates to offer comfortable living spaces, minimizing the need for immediate capital expenditures.Additional Income Potential: The property includes a two-car garage, offering the opportunity for additional rental income.Future Rent Increases: With a strong and growing rental market in Niagara Falls, there is significant potential for future rent increases, maximizing your return on investment.Property Features:Solid construction with recent updates.Separate entrances for each unit. Location, Location, Location:Situated on Barker Street, this property offers residents convenient access to all that Niagara Falls has to offer. The surrounding neighborhood is quiet, yet just moments away from major attractions and essential services.Residents will appreciate the close proximity to:Shopping and Dining: A variety of grocery stores, including No Frills, and numerous restaurants are within a short walk or drive.Parks and Recreation: Enjoy nearby parks and green spaces for leisure and outdoor activities.Tourist Attractions: The world-famous Niagara Falls, Clifton Hill, and the Fallsview Casino Resort are all easily accessible, providing endless entertainment options. (id:63008)

Property Details

MLS® Number 40761911
Property Type Multi-family
AmenitiesNearBy Hospital, Place Of Worship, Public Transit
EquipmentType Water Heater
ParkingSpaceTotal 5
RentalEquipmentType Water Heater

Building

BathroomTotal 4
BedroomsTotal 9
BasementDevelopment Finished
BasementType Full (finished)
ExteriorFinish Brick Veneer
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 3
SizeInterior 2420 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage Yes
LandAmenities Hospital, Place Of Worship, Public Transit
Sewer Municipal Sewage System
SizeDepth 96 Ft
SizeFrontage 47 Ft
SizeTotalText 50 - 100 Acres
ZoningDescription R3, R2, Gc

https://www.realtor.ca/real-estate/28754853/5957-barker-street-niagara-falls

Stephen Canjar
Salesperson


The Agency
188 Lakeshore Road East
Oakville, Ontario L6J 1H6

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