5145 Rice Crescent, Niagara Falls, ON L2E 4A1

$499,000
5
BD
4
BA
1,100
SqFt

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List Price
$499,000
MLS#
X13720124
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
5
Bathrooms
4
Living Area
1100-1500
Province
ON
Municipality
Niagara Falls
Area
Niagara
Neighborhood
210 - Downtown
Subdivision
Rice And Ryerson

Property Description

Strong investment opportunity with multiple income streams and excellent flexibility for investors or owner-occupants. This legal duplex features a spacious 2-bedroom main floor unit and a bright 1-bedroom upper unit, each with separate entrances. Additionally there is a lower-level living space with in-law potential offering separate entrance, kitchen, bathroom and two bedrooms. Coin laundry on site provides added revenue opportunity. Property offers parking for 3 vehicles and a low-maintenance backyard for tenant enjoyment. Centrally located in a convenient downtown area within walking distance to shopping, restaurants, amenities, and the Falls. Excellent opportunity to add value and maximize cash flow in a high-demand rental location. 24 hours notice required for all showings.

Additional Information

Taxes
$2,620
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Lot Depth
90
Family Room
Yes
Kitchens
3
Exterior
Aluminum Siding, Metal/Steel Siding
Garage Type
None
Pool
None
Parking Spaces
3

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of BOLDT REALTY INC., BROKERAGE.