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CAD 620,000

5206 MORRISON Street
Niagara Falls, Ontario

Property Description

Attention investors! Welcome to 5206 Morrison Street. Whether youre 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 2 bedroom 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. 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.

Listed by Coldwell Banker Momentum Realty, Brokerage

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Property Details

ID #
40098870
Status
For Sale
Type
Residential, Multi-Family (2-4 Units), Multi Residential
Postal Code
L2E 2E4
Building Area
1,915ft2

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