5957 Barker Street Niagara Falls, Ontario L2G 1Y5
$899,900
Prime Investment Opportunity: 4-Plex with updates, in the Heart of Niagara Falls. Unlock the potential of this recently updated 4-plex, perfectly positioned in a prime Niagara Falls location. This property presents a turnkey investment with significant upside, offering immediate rental income and future growth prospects.This multi-unit dwelling is an ideal addition to any real estate portfolio, boasting modern updates that attract quality tenants. The property's proximity to a wealth of amenities ensures high demand and low vacancy rates.Key Investment. Each of the four units have had updates to offer comfortable living spaces, minimizing the need for immediate capital expenditures.Additional Income Potential: The property includes a two-car garage, offering the opportunity for additional rental income.Future Rent Increases: With a strong and growing rental market in Niagara Falls, there is significant potential for future rent increases, maximizing your return on investment.Property Features:Solid construction with recent updates.Separate entrances for each unit. Location, Location, Location:Situated on Barker Street, this property offers residents convenient access to all that Niagara Falls has to offer. The surrounding neighborhood is quiet, yet just moments away from major attractions and essential services.Residents will appreciate the close proximity to:Shopping and Dining: A variety of grocery stores, including No Frills, and numerous restaurants are within a short walk or drive.Parks and Recreation: Enjoy nearby parks and green spaces for leisure and outdoor activities.Tourist Attractions: The world-famous Niagara Falls, Clifton Hill, and the Fallsview Casino Resort are all easily accessible, providing endless entertainment options. (id:47351)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12354526 |
| Property Type | Multi-family |
| Community Name | 216 - Dorchester |
| Amenities Near By | Public Transit |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Age | 51 To 99 Years |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Exterior | 2420 Sqft |
| Size Interior | 2,420 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 96 Ft ,6 In |
| Size Frontage | 47 Ft |
| Size Irregular | Bldg=47.05 X 96.5 Ft |
| Size Total Text | Bldg=47.05 X 96.5 Ft |
| Zoning Description | R3, R2, Gc |
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August 20 2025 03:28:27
Niagara Association of REALTORS®
The Agency