6437 - 6423 BARKER Street Active

Niagara Falls,ON L2G1Y6

$ 1249999

4 Beds

3 Baths

1552 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,552 sqft

Price per Sqft $805

Subdivision 216 - Dorchester

MLS Listing ID 40654526

Bedrooms 4

Property Description

Outstanding investment opportunity! Offering two homes on a large lot w/a severable portion and pre-approved drawings for a third home, this property is a dream come true for investors or multi-generational families. The prime location, flexible living arrangements, and development potential make this property an opportunity in today's market. House 1 is a versatile, income-generating powerhouse w/three distinct units, each designed to offer privacy & comfort: Unit 1: 2 beds, 1 bath?ideal for small families or young professionals. Unit 2: 2 beds, 2 baths?perfect for larger families or roommates seeking spacious living. Unit 3: A cozy studio apartment?great for single occupants. Each is self-sufficient w/its own washer & dryer, providing the convenience of in-unit laundry. There?s also the potential to add a fourth unit in the bsmt, further increasing rental income. Two of the units are already tenanted, offering a steady cash flow, while one remains vacant. House 2 is a spacious single-family home that offers 4 bedrooms, 2� bathrooms?a large, comfortable living space for growing families A potential in-law suite?perfect for multi-generational living or additional rental income This house is currently tenanted, offering immediate income. The flexibility of month-to-month leases across both homes gives you the freedom to adjust rental terms as needed or take advantage of the vacancy for personal use. The severable lot comes complete w/approved drawings for a third home. This allows you to either expand your rental portfolio, develop and sell the additional home, or enjoy the flexibility of a custom-built property to meet your future needs. Nestled in a family-friendly neighborhood, the property is within walking distance of some of Niagara Falls' top schools, making it attractive to families seeking long-term rentals. For entertainment and tourism, you're just minutes from the Casino and Clifton Hill. (id:24570)

Location

Province ON

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Garage Yes

Community Features Quiet Area

Waterfront No

View Y/N No

Building

Story 1.5

Sewer Municipal sewage system

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