Niagara Falls, ON L2E 1N8,4902 Mcrae ST
Niagara Falls, ON L2E 1N8,4902 Mcrae ST
Niagara Falls, ON L2E 1N8,4902 Mcrae ST
Niagara Falls, ON L2E 1N8,4902 Mcrae ST
Niagara Falls, ON L2E 1N8,4902 Mcrae ST
Niagara Falls, ON L2E 1N8,4902 Mcrae ST
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$730,000

$810,000

9.9%
Est.Price: ?

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Est. payment /mo

6 Beds

4 Baths


SOLD DATE : 04/22/2024

Key Details

Sold Price $730,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X8046362

Sold Date 04/22/24

Style 2 1/2 Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $8,252

Tax Year 2023

Property Sub-Type Fourplex

Property Description

Exceptional 4-unit multi-residential property for savvy investors! Located near a bustling casino and tourist attractions, this 2900 sq. ft. gem offers 2 one-bedroom and 2 spacious two-bedroom units on a fenced 120 ft deep lot. Recent upgrades include a new roof and boiler system (2021), over $200,000 in renovations, and safety enhancements like a fire alarm system and updated fire panel. Infrastructure improvements include a rebuilt front porch (2020), updated fencing (2019), new boiler control panel (2012), modern hydro panel (2007), and owned hot water heater (2017). With a proven track record of profitability and potential for higher returns, this turnkey investment is in a sought-after location.

Location

Province ON

County Niagara

Area Niagara

Zoning R2

Rooms

Family Room Yes

Basement Unfinished, Separate Entrance

Kitchen 4

Interior

Cooling Other

Exterior

Parking Features Front Yard Parking

Pool None

Lot Frontage 38.09

Lot Depth 120.27

Total Parking Spaces 4

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Listed by RE/MAX ESCARPMENT REALTY INC.

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