4 Bedroom
3 Bathroom
1552 sqft sq. ft
Central Air Conditioning
Forced Air
$1,249,999
Outstanding investment opportunity! Offering two homes on a large lot w/a severable portion and pre-approved drawings for a third home, this property is a dream come true for investors or multi-generational families. The prime location, flexible living arrangements, and development potential make this property an opportunity in today's market. House 1 is a versatile, income-generating powerhouse w/three distinct units, each designed to offer privacy & comfort: Unit 1: 2 beds, 1 bath—ideal for small families or young professionals. Unit 2: 2 beds, 2 baths—perfect for larger families or roommates seeking spacious living.\r\nUnit 3: A cozy studio apartment—great for single occupants. Each is self-sufficient w/its own washer & dryer, providing the convenience of in-unit laundry. There’s also the potential to add a fourth unit in the bsmt, further increasing rental income. Two of the units are already tenanted, offering a steady cash flow, while one remains vacant. House 2 is a spacious single-family home that offers 4 bedrooms, 2½ bathrooms—a large, comfortable living space for growing families A potential in-law suite—perfect for multi-generational living or additional rental income\r\nThis house is currently tenanted, offering immediate income. The flexibility of month-to-month leases across both homes gives you the freedom to adjust rental terms as needed or take advantage of the vacancy for personal use. The severable lot comes complete w/approved drawings for a third home. This allows you to either expand your rental portfolio, develop and sell the additional home, or enjoy the flexibility of a custom-built property to meet your future needs. Nestled in a family-friendly neighborhood, the property is within walking distance of some of Niagara Falls' top schools, making it attractive to families seeking long-term rentals. For entertainment and tourism, you're just minutes from the Casino and Clifton Hill. (id:38042)
Property Details
MLS® Number
|
X9414745 |
Property Type
|
Business |
Community Name
|
216 - Dorchester |
AmenitiesNearBy
|
Public Transit |
ParkingSpaceTotal
|
6 |
Building
BathroomTotal
|
3 |
BedroomsTotal
|
4 |
Appliances
|
Dishwasher, Dryer, Refrigerator, Stove, Washer |
BasementDevelopment
|
Unfinished |
BasementType
|
Full (unfinished) |
CoolingType
|
Central Air Conditioning |
ExteriorFinish
|
Vinyl Siding |
FoundationType
|
Poured Concrete |
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
SizeInterior
|
1552 Sqft |
UtilityWater
|
Municipal Water |
Parking
Land
Acreage
|
No |
LandAmenities
|
Public Transit |
Sewer
|
Sanitary Sewer |
SizeDepth
|
110 Ft |
SizeFrontage
|
60 Ft |
SizeIrregular
|
Unit=60 X 110 Ft |
SizeTotalText
|
Unit=60 X 110 Ft|under 1/2 Acre |
ZoningDescription
|
R1e |