10 Bedroom
9 Bathroom
5,000 - 100,000 ft2
Wall Unit
Radiant Heat
Waterfront
$1,890,000
Rare investment opportunity situated directly across from the Chippawa Creek, this 9-unit building boasts incredible waterfront proximity withadded potential to lease the land across the street for a dock or other value-enhancing features. With Tourist Commercial (TC) zoning, the property supports a wide range of uses including long-term rentals, short-term Airbnb stays, or a hybrid model, making it ideal for savvy investors.The building includes six 1-bedroom units with scenic water views, two 2-bedroom units at the rear, and one bachelor suite in the basement, all sharing a common laundry and storage area. Seven units and common areas have already been demo'd, cleaned, and fully rewired,with updated emergency lighting, a new backflow valve, and front cleanouts installed. A two-year-old roof adds peace of mind. Remaining workincludes general interior finishes and final touches, with the building nearing the final stages of revitalization. Whether you're looking to reposition the property as a premium rental offering or capitalize on the area's strong short-term rental demand, this location offers exceptional flexibility, waterfront charm, and long-term upside. (id:47351)
Property Details
MLS® Number
|
X12324698 |
Property Type
|
Multi-family |
Community Name
|
223 - Chippawa |
Amenities Near By
|
Golf Nearby, Marina, Schools |
Easement
|
Other |
Parking Space Total
|
9 |
View Type
|
Direct Water View |
Water Front Type
|
Waterfront |
Building
Bathroom Total
|
9 |
Bedrooms Above Ground
|
10 |
Bedrooms Total
|
10 |
Amenities
|
Separate Heating Controls |
Basement Development
|
Finished |
Basement Features
|
Walk Out |
Basement Type
|
N/a (finished) |
Cooling Type
|
Wall Unit |
Exterior Finish
|
Brick |
Foundation Type
|
Block |
Heating Fuel
|
Natural Gas |
Heating Type
|
Radiant Heat |
Stories Total
|
3 |
Size Interior
|
5,000 - 100,000 Ft2 |
Type
|
Other |
Utility Water
|
Municipal Water |
Parking
Land
Access Type
|
Public Road, Water Access, Private Docking |
Acreage
|
No |
Land Amenities
|
Golf Nearby, Marina, Schools |
Sewer
|
Sanitary Sewer |
Size Depth
|
165 Ft |
Size Frontage
|
60 Ft |
Size Irregular
|
60 X 165 Ft |
Size Total Text
|
60 X 165 Ft |
Zoning Description
|
Tc |
https://www.realtor.ca/real-estate/28690360/3865-front-street-niagara-falls-chippawa-223-chippawa