Address
5206 MORRISON Street Niagara Falls, ON
Price
$ 599,900
Property Attributes
  • ID#40098870
  • TypeMulti-Family
  • CityNiagara Falls
  • AreaNiagara
  • NeighbourhoodElgin
  • Postal CodeL2E 2E4
  • Style
  • Price$ 599,900
  • Bedrooms3
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1915
Listing Provided Courtesy Of:
Wendi Nelson with Coldwell Banker Momentum Realty Brokerage
Data Source:
RLP - CREA EN
Property Description

Attention investors! Welcome to 5206 Morrison Street. Whether you’re considering a property to live in to subsidize your mortgage or wanting a full return, this turnkey investment is an excellent opportunity for rental real estate. This 2.5 storey duplex offers 2 units with rent at fair market value: The 1 bedroom unit features a gas fireplace, gas stove, collects $1450 and is inclusive; the upper 1bedroom plus attic unit has recently become VACANT, has a keyless entry, electric fireplace and as recent as last month collected $1650, also inclusive.Well maintained by the owner and updated with some industrial and rustic feels that include a built in live edge table and bench in the upper kitchen. This property also features separate, private entrances as well as separate access to a shared laundry located in the basement; 2 parking spaces featuring a one car garage with a keypad and fob entry; a hot water tank that is one year in age and owned and fire alarms that are hard wired in for safety. This legal duplex can also easily be converted back to its original single family dwelling.Located just minutes away from downtown Niagara Falls and Clifton Hill tourist area, close to the highway. Don't miss out on an incredible opportunity to get into the investment market with this unique property.

General Features

Beds 3
Parking Spaces 3

Interior Features

Bedrooms 3

Exterior Features

Lot Frontage 30.00
Jumpid 14965793
Mls 40098870

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L2E 2E4

Price
AVG $600K
$600K
Visits
AVG 496
497
Walkscore
AVG 49
49
Data Provided by Walkscore ® not using MLS data