Niagara Falls, ON L2E 3W1,4768 CRYSLER AVE
Niagara Falls, ON L2E 3W1,4768 CRYSLER AVE
Niagara Falls, ON L2E 3W1,4768 CRYSLER AVE
Niagara Falls, ON L2E 3W1,4768 CRYSLER AVE
Niagara Falls, ON L2E 3W1,4768 CRYSLER AVE
Niagara Falls, ON L2E 3W1,4768 CRYSLER AVE
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$ 799,900
Est. payment | /mo

2,390 SqFt


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$ 799,900
Est. payment | /mo
Save

2,390 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,390 sqft

Price per Sqft $334

Subdivision 210 - Downtown

MLS Listing ID X12168345

Annual Tax Amount $3,827

Tax Year 2024

Property Sub-Type Investment

Property Description

FULLY RENOVATED LEGAL 4-PLEX IN RAPIDLY DEVELOPING NIAGARA FALLS LOCATION! Located just steps from the Niagara River, Niagara Falls University, Clifton Hill, and the GO Station, this fully remodelled multi-family property is an investors dream! With over $67,000 in annual income and a strong 6.75% cap rate, this turn-key opportunity offers both immediate cash flow and long-term appreciation. This LEGAL 4-plex features four fully self-contained, above-grade units - all updated with modern finishes to attract quality tenants. The finished lower level includes a shared laundry area, boosting tenant convenience and income potential. Set on an R5-zoned lot with ample parking and bordering future residential development, this property is surrounded by signs of growth - making it a rare chance to invest in a downtown neighbourhood with future redevelopment potential. BONUS: Seller is covering the first year of property taxes for the new owner, reducing your operating costs from day one.

Location

Province ON

County Niagara

Community 210 - Downtown

Area Niagara

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 50.0

Lot Depth 100.0

Building

New Construction false

Listed by ROYAL LEPAGE NRC REALTY
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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