6437 - 6423 Barker Street , Niagara Falls, ON L2G 1Y6
Niagara Falls, ON L2G 1Y6
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 bathideal for small families or young professionals. Unit 2: 2 beds, 2 bathsperfect for larger families or roommates seeking spacious living. Unit 3: A cozy studio apartmentgreat 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, 2½ bathroomsa large, comfortable living space for growing families A potential in-law suiteperfect 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.
Details
| Mls | 40654526 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Days On Site | 58 |
| Listing Provided By | RE/MAX NIAGARA REALTY LTD, BROKERAGE | Steve Simard |
Features
| Beds | 4 |
|---|---|
| Baths | 3 |
| Sq Feet | 1,552 |
| Garage | 1 |
| Basement | Y |
| Storys | 1 |
| Units | 1 |
| Buildings | 1 |
| Zoning | R1E |
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Learn More About This Property
| State | ON |
|---|---|
| County | Niagara |
| City | Niagara Falls |
| Zip Code | L2G 1Y6 |
| Area | Niagara Falls |
| Subarea | 216 Dorchester |
| Community Name | 216 Dorchester |
| Listing VS Median (in 216 Dorchester) | |
Price: $1,249,999 low | high Med: $615,000 SqFt: 1,552 low | high Med: 1,100 $ / SqFt: $805 low | high Med: $559 On Site: 58 low | high Med: 62.000000 | |
