4077 Hickson Avenue No longer available

Niagara Falls, Downtown, L2E 3K1

$740,000

Description

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE.

Smart Investors take notice. Seller is offering a $10,000 decorating allowance on Closing. This is the perfect building to add to your portfolio OR to begin your new investment portfolio. Building was re-zoned to Residential Mixed (R3-791) in 2007 to recognize the existing tri-plex on the property. Unit 1-the 1BR on new one year lease. Rental of $1150 p/m. Unit 2- the 2BR is renting out at $1281 p/m and Unit 3–2BR is renting out at $1332 p/m. All tenants since 2022. Tenants pay Electricity. Also, please note.. The double garage is not currently being used and so can be available for extra cash income. Coin laundry on site for additional cash income. The LOCATION of this building is a draw for those working in the downtown and tourism industry. Across from the Great Wolf Lodge and park, 7 min drive for Tourism and Casino workers. 10 min drive to Rainbow bridge. Close to highways for those traveling. Please reach out for full financials. Seller is a licensed REALTOR ®.

Hot Water Tank Owned,None

Location

View Map
  • Address: 4077 Hickson Avenue
  • Neighborhood: Downtown
  • City: Niagara Falls
  • State: ON
  • Postal Code: L2E 3K1

Property Details

  • Property ID: 40529069
  • Property Price: $740,000
  • Style: Multi-3 Unit, Residential Income
  • Sq/Ft: 1664
  • Bath: 3
  • Garages Spaces: 2
  • Parking Spaces: 6
  • Year Built: 1952
  • A/C: Central Air
  • Basement: Separate Entrance, Full, Finished
  • Heating: Forced Air, Natural Gas
  • Taxes: $2,710.00 (2023)
  • # of stories: 2

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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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