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8833 Willoughby Drive Niagara Falls, Ontario L2G 6X6

2 Level, Multi-Unit Forced Air

$849,900

ATTENTION INVESTORS. 4 SELF CONTAINED 2 STOREY UNITS IN NIAGARA FALLS. 4-PLEX FEATURES - 4 GAS METERS, 4 WATER METERS, 4 HYDRO METERS. ALL UNITS 100 AMP BREAKER PANELS. ANNUAL GROSS RENT $46,020. LONG TERM TENANTS. TENANTS PAY ALL UTILITIES. OWNER ONLY PAYS FOR PROPERTY TAX, AND INSURANCE. CAP RATE APPROXIMATE 4.5% POTENTIAL TO EASILY ATTAIN A 6% CAP. PLENTY OF PARKING. UNITS A,B,C, WITH UPDATED KITCHENS & CENTRAL AIR. GREAT INVESTMENT PROPERTY WITH EXCELLENT FUTURE POTENTIAL. CLOSE TO NEW RESIDENTIAL DEVELOPMENT, GOLF COURSE, SCHOOLS, AMENITIES.APPROXIMATELY 6 KM FROM CASINO, 2 MINUTE WALK TO BUS STOP. CAN BE PURCHASED WITH 8825 WILLOUGHBY DRIVE. (id:34474)

Business

Business Type Residential

Property Details

MLS® Number 30730716
Property Type Multi-family
Amenities Near By Golf Course, Public Transit, Marina, Park
Equipment Type Water Heater
Features Park Setting, Park/reserve, Double Width Or More Driveway, Paved Driveway, Country Residential
Parking Space Total 8
Rental Equipment Type Water Heater

Building

Architectural Style 2 Level, Multi-unit
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1969
Construction Style Attachment Attached
Exterior Finish Brick, Vinyl Siding
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Golf Course, Public Transit, Marina, Park
Sewer Municipal Sewage System
Size Depth 177 Ft
Size Frontage 55 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4

Utilities

Water Available

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