5748 LEONARD AVENUE Niagara Falls

5748 LEONARD AVENUE, Niagara Falls, Ontario

$699,000

  • 6
  • 3
2,444 Square Feet
Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location! (id:50004)
  • Listing ID: X9414986
  • Property Type: Business
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Details

  • Amenities Nearby: Public Transit, Park
  • Equipment: Water Heater
  • Parking Spaces: 5
  • Rental Equipment: Water Heater
  • Structure: Deck
  • Transaction: For sale
  • Zoning Description: R2

Building

  • BasementType: N/A (Partially finished)
  • Basement Development: Partially finished
  • Basement Features: Separate entrance
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2444 sqft
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Park
  • Sewer: Sanitary sewer
  • Size Frontage: 50 ft
  • Size Irregular: Unit=50 x 130.76 FT ; 130.76 ft x 50.72 ft x 130.55 ft x 51.51 ft

REALTOR® MLS®

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    This property for sale is located at 5748 LEONARD AVENUE in Niagara Falls. It was last modified on November 17th 2024. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Niagara Falls properties for sale.

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