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Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X11996639
Sold Date 04/03/25
Style 1 1/2 Storey
Bedrooms 5
Building Age 51-99
Annual Tax Amount $2,977
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Affordable 5-unit property featuring 2 spacious 2-bedroom units and 3 bachelor units. Located in a prime area with excellent rental demand. The property includes basement-level laundry facilities, providing additional convenience for tenants. This property offers an outstanding 7.3% CAP Rate, making it an attractive option for investors seeking strong cash flow and long-term profitability.
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Zoning RM
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 5
Interior
Interior Features Water Meter
Cooling None
Exterior
Exterior Feature Lighting
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 34.52
Lot Depth 103.0
Total Parking Spaces 1
Building
Foundation Block
Others
Senior Community No
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