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$ 689,900
Est. payment /mo
Price Dropped by $29K
6175 BARKER STREET Niagara Falls (216 - Dorchester), ON L2G1Y5
7 Beds
4 Baths
1,999 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,999 sqft
Price per Sqft $345
Subdivision 216 - Dorchester
MLS® Listing ID X11990835
Bedrooms 7
Half Baths 1
Originating Board Toronto Regional Real Estate Board
Property Description
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Listed by RE/MAX WEST REALTY INC.