Niagara Falls, L2E 3R9
$564,000
Listed by RE/MAX REALTY SERVICES INC..
Excellent investment opportunity to own a two-storey legal duplex (main floor & upper level) that is already fully rented by two AAA tenants. ( monthly rent $2820 includes heat, hydro & water). This downtown Niagara Falls property is a stone's throw from the Niagara River, minutes to the Casino, attractions and the USA. Both units have been professionally renovated, are freshly painted, and complete with vinyl plank flooring throughout. Main floor is one bedroom with a bright spacious kitchen, combined living room / dining room, and 9 foot ceiling. Entrance to the main floor unit is through the rear entrance mudroom with closet & large window. Upper unit is a bright, two bedroom spacious apartment with a large eat-in kitchen, and modern 3-piece bath featuring a glass shower. Common access basement has two dedicated storage units and laundry. Upper tenant is a long term tenant who is now month to month. Lower tenant has been in the unit since Feb 2024
Kitchen
Mudroom
Living
Prim Bdrm
Bathroom
Kitchen
Living
Prim Bdrm
2nd Br
Bathroom
Foyer
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.