5748 LEONARD AVENUE Active

Niagara Falls (215 - Hospital),ON L2G4R1

$ 699000

6 Beds

3 Baths

2444 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,444 sqft

Price per Sqft $286

Subdivision 215 - Hospital

MLS Listing ID X9414986

Bedrooms 6

Originating Board Niagara Association of REALTORS®

Property Description

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:24570)

Location

Province ON

Interior

Heating Forced air

Exterior

Garage Yes

Waterfront No

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Sewer Sanitary sewer

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