4687 First AvenueNiagara Falls, Niagara, ON, L2E 4G5
4687 First AvenueNiagara Falls, Niagara, ON, L2E 4G5
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Description
Solid 8 unit brick apartment building in downtown Niagara Falls. Fully rented. 5% cap rate, with potential to increase. Close to downtown tourist district, bus stop, train station, library, City Hall, park, schools, and shopping area. Over $150k spent on renovation in 2024, including new windows, roof, entrance doors, staircases; and new kitchens, washrooms, floorings in some units. Tenants pay own hydro, 9 separate meters. 8 reserved parking spots are located at 4659 First Ave, Niagara Falls.
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$1,499,000
List price