$689,900
$29,0006175 Barker Street, Niagara Falls, ON L2G 1Y5
216 - Dorchester, Niagara Falls,
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Solid Investment Opportunity: This fully rented legal 2.5-storey triplex presents a substantial investment opportunity, delivering consistent cash flow with three separate rental units and expansion potential. Property Highlights: Unit 1 - Main House: 4 large bedrooms, 2 bathrooms, a spacious kitchen, and a bright living and dining area with a decorative fireplace. Second-floor laundry for tenant convenience. Unit 2 - Basement Apartment: Features a separate entrance, updated kitchen, newer 4-piece bath, and 2 large bedrooms Unit 3 - Back Unit: 1-bedroom apartment with an updated kitchen and 3-piece bathroom, suitable for singles or couples. Additional Features: Detached 2.5-Car Garage: This 20x23 ft garage includes hydro and has potential for additional rental income or conversion to an auxiliary unit. Expansion Potential: Consider converting the garage into a fourth unit or building a secondary unit on the existing pad. Recent Upgrades: New furnace (2023), updated plumbing and wiring, some newer windows, and a new roof (2021). Central A/C was added in 2018. Prime Location: Conveniently located near the new University of Niagara Falls and just 30 minutes from Niagara College. Close to public transit and local amenities. With all units fully rented, this triplex offers immediate positive cash flow and significant growth potential.
- HoldoverDays: 60
- Architectural Style: 2 1/2 Storey
- Property Type: Residential Freehold
- Property Sub Type: Triplex
- DirectionFaces: North
- GarageType: Detached
- Directions: Dorchester Road
- Tax Year: 2024
- Parking Features: Private, Private Double
- ParkingSpaces: 5
- Parking Total: 7
- WashroomsType1: 1
- WashroomsType1Level: Main
- WashroomsType2: 1
- WashroomsType2Level: Second
- WashroomsType3: 1
- WashroomsType3Level: Lower
- WashroomsType4: 1
- WashroomsType4Level: Lower
- BedroomsAboveGrade: 7
- Interior Features: Separate Hydro Meter
- Basement: Apartment
- Cooling: Central Air
- HeatSource: Gas
- HeatType: Forced Air
- ConstructionMaterials: Stucco (Plaster), Vinyl Siding
- Roof: Asphalt Shingle
- Sewer: Sewer
- Foundation Details: Other
- LotSizeUnits: Feet
- LotDepth: 181
- LotWidth: 40
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