$3,199,900

Investment For Sale In Elgin, Niagara Falls, Ontario

$3,199,900

Property Information:

Discover a remarkable investment opportunity with this beautifully maintained 9-unit building, each featuring 2 bedrooms and 1 bath. Eight units are currently occupied, ensuring immediate income, while the owner-occupied unit will be vacant at possession, providing the chance to set market rents. The building showcases solid brick construction, a testament to its durability and timeless appeal. An updated roof offers peace of mind and long-term savings. Additional highlights include a 4-car detached garage and an expansive parking area with 12 outdoor spaces, catering to tenant convenience. This property blends classic charm with modern functionality, making it a prime choice for investors seeking a reliable and profitable asset. Don't miss out on this exceptional opportunity to enhance your portfolio!

Inclusions: 9x Fridge, 9x Stove, Coin-Op Laundry Facilities

Exclusions : Tenants Belongings

Building Features:

  • Floor Space: 8424 Square Feet

Property Features:

  • Bedrooms: 18
  • Acres Range: < 0.5
  • Architectural Style: 3 Storey
  • Basement: Full, Finished
  • Business Type: Residential
  • Floor Space (approx): 8424 Square Feet
  • Heating: Baseboard, Electric
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated
  • Levels: Three Or More
  • Lot Depth: 140 Feet
  • Lot Features: Urban, Irregular Lot, Near Golf Course, Place of Worship, Public Transit, Quiet Area, View from Escarpment
  • Lot Frontage: 174.40 Feet
  • Parking Features: Detached Garage, Asphalt
  • Pool Features: None
  • Roof: Asphalt Shing
  • Security Features: Alarm, Fire Alarm System, Smoke Detector(s), Fire Sprinkler System
  • Soil Type: Sandy
  • Structure Type: Detached
  • Water Source: Municipal
  • Waterfront Features: River/Stream
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 16

Courtesy of: RE/MAX Escarpment Golfi Realty Inc.

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