Nikolay and Tatiana Team

4591 Homewood Avenue Niagara Falls, Ontario L2E 4X9

6 Bedroom 3 Bathroom 1,100 - 1,500 ft2
Raised Bungalow None Forced Air

$579,000

INVESTMENT OPPORTUNITY - TWO UNITS VACANT AS OF DECEMBER 1, 2026. This legal non-conforming triplex offers excellent flexibility and income potential, with the rear 1-bedroom unit currently vacant and the main-floor 2-bedroom unit becoming vacant December 1, 2026, allowing a new owner to establish two new tenancies.The main-floor 2-bedroom unit was renovated in 2023, while the lower-level 3-bedroom unit was renovated in 2020 and features large windows with plenty of natural light. The rear unit offers 1 bedroom and 1 bathroom. Additional highlights include an oversized 2-car garage with hydro, two separate hydro meters, a new roof completed in 2023, and an owned hot water tank.With two units available for occupancy as of December, this is a great opportunity for an investor looking to reposition the property and maximize its income potential. (id:55499)

Property Details

MLS® Number X13771472
Property Type Multi-family
Community Name 211 - Cherrywood
Parking Space Total 7

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Separate Electricity Meters
Appliances Water Heater
Architectural Style Raised Bungalow
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a (finished), N/a
Cooling Type None
Exterior Finish Aluminum Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 130 Ft
Size Frontage 40 Ft
Size Irregular 40 X 130 Ft
Size Total Text 40 X 130 Ft

https://www.realtor.ca/real-estate/30265006/4591-homewood-avenue-niagara-falls-cherrywood-211-cherrywood

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