4591 Homewood Avenue, Niagara Falls, ON L2E 4X9

$579,000
6
BD
3
BA
1,100
SqFt

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List Price
$579,000
MLS#
X13771472
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
Bungalow-Raised
Bedrooms
6
Bathrooms
3
Living Area
1100-1500
Province
ON
Municipality
Niagara Falls
Area
Niagara
Neighborhood
211 - Cherrywood
Subdivision
Morrison And Homewood

Property Description

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.

Additional Information

Taxes
$3,820
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Lot Depth
130
Family Room
Yes
Kitchens
3
Exterior
Aluminum Siding
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
7
Parking Type
Private

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of REVEL Realty Inc., Brokerage.