4020 Main Street, Niagara Falls, ON L2G 6B8

$699,900
4
BD
3
BA
2,500
SqFt

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List Price
$699,900
MLS#
X12932848
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
4
Bathrooms
3
Living Area
2500-3000
Province
ON
Municipality
Niagara Falls
Area
Niagara
Neighborhood
223 - Chippawa
Subdivision
Main And Sophia

Property Description

Welcome to an incredible multi-residential opportunity in the heart of Chippawa! This versatile property is ideal for investors or multi-generational living, currently set up with two units and offering exciting potential to convert into a triplex. The main floor features a 1-bedroom unit plus additional space that was previously used as a storefront-perfect for conversion into a second main-floor residential unit, creating a third income stream with ease. Upstairs, you'll find a spacious and well-maintained 3-bedroom unit, offering comfortable living space with great natural light. At the rear, enjoy a 30 ft x 25 ft heated garage/workshop, complete with: Radiant gas tube heater, 60 AMP service, 12 ft ceilings, Two overhead doors (9 ft x 9 ft and 9 ft) and an attached 14.6 ft x 25 ft storage room at the back. Set on a large lot along a main artery, this property offers both convenience and future upside. Located just steps from the Welland River ("the Crick"), a nearby boat launch, and the charming downtown square, tenants will love the walkable lifestyle. Live in one unit and rent the others, or maximize your investment with a triplex conversion-opportunities like this don't come often!

Additional Information

Taxes
$4,105
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Lot Depth
165
Kitchens
2
Exterior
Vinyl Siding
Waterfront Type
None
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
6
Parking Type
Private Double

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Listing courtesy of REALTY EXECUTIVES PLUS LTD, BROKERAGE.