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$ 1,999,900
Est. payment | /mo
$ 1,999,900
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Subdivision 210 - Downtown
MLS Listing ID X12196060
Annual Tax Amount $20,292
Tax Year 2024
Property Sub-Type Investment
Property Description
Unlock long-term value and reliable returns with this professionally improved 9-unit multifamily building located at a prominent corner in the heart of Niagara Falls. Featuring spacious, fully serviced two-bedroom units, this asset blends tenant appeal with operational efficiency.Recent enhance ments including updated interiors, refreshed common areas, and strong infrastructure ensure minimal capital expenditure for years to come. With 15 surface parking stalls, well-managed tenancy, and a projected NOI of $137,465, this building offers immediate income with significant upside potential through market rent growth.Positioned near key amenities and Niagara's renowned attractions, this location provides convenience and demand stability for both short- and long-term tenants. Whether you're expanding your portfolio or seeking a premium asset with growth trajectory, 4424 Simcoe Street is a standout opportunity. Highlights:9 large 2-bedroom units. Recent capital improvements NOI: $137,465Ample on-site parking (15 spaces). Prime corner location with future upside.
Location
Province ON
County Niagara
Community 210 - Downtown
Area Niagara
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 125.0
Lot Depth 211.0
Listed by KELLER WILLIAMS CO-ELEVATION REALTY
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.
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