$799,900
Available - For Sale
Listing ID: X12168345
4768 CRYSLER Aven , Niagara Falls, L2E 3W1, Niagara


FULLY RENOVATED LEGAL 4-PLEX IN RAPIDLY DEVELOPING NIAGARA FALLS LOCATION! Located just steps from the Niagara River, Niagara Falls University, Clifton Hill, and the GO Station, this fully remodelled multi-family property is an investors dream! With over $67,000 in annual income and a strong 6.75% cap rate, this turn-key opportunity offers both immediate cash flow and long-term appreciation. This LEGAL 4-plex features four fully self-contained, above-grade units - all updated with modern finishes to attract quality tenants. The finished lower level includes a shared laundry area, boosting tenant convenience and income potential. Set on an R5-zoned lot with ample parking and bordering future residential development, this property is surrounded by signs of growth - making it a rare chance to invest in a downtown neighbourhood with future redevelopment potential. BONUS: Seller is covering the first year of property taxes for the new owner, reducing your operating costs from day one.
Price $799,900
Taxes: $3827.00
Tax Type: Annual
Occupancy: Tenant
Address: 4768 CRYSLER Aven , Niagara Falls, L2E 3W1, Niagara
Postal Code: L2E 3W1
Province/State: Niagara
Legal Description: PT LT 15 BLK Q PL 999-1000 TOWN OF NIAGA
Directions/Cross Streets: Victoria Ave to Morrison and Left on Crysler Ave
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2390.00
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Financial Statement: T
Water Expense: $1876
Expenses Actual/Estimated: $Est
Washrooms: 0
Outside Storage: T
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE NRC REALTY
Personal Picture
Kambiz Farsian
Sales Representative
Dir:
416-317-4438
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 210 - Downtown
Style:
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $3,827
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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