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4687 First Avenue Image 1

$1,499,000

May 14Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12146097

4687 First Avenue, Niagara Falls, ON L2E 4G5

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Average Price
149900000.0%
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Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 4687 First Avenue

Solid 8 unit brick apartment building in downtown Niagara Falls. Fully rented. 5% cap rate, with potential to increase. Close to downtown tourist district, bus stop, train station, library, City Hall, park, schools, and shopping area. Over $150k spent on renovation in 2024, including new windows, roof, entrance doors, staircases; and new kitchens, washrooms, floorings in some units. Tenants pay own hydro, 9 separate meters. 8 reserved parking spots are located at 4659 First Ave, Niagara Falls.

Home Overview

Last updated

May 27

Virtual tour

None

Basement information

Building size

5718

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Listed by ELONG REALTY BROKERAGE, INC.

Additional Details

Basement:N/A
Cooling:No
Heating:Radiant
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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