Welcome to 4758 Second Avenue, a legal non-conforming Triplex in the heart of Niagara Falls - perfect for first-time buyers or savvy investors looking for strong rental income in a high-demand area. This well-maintained property features 2 separate hydro meters, along with a NEW furnace and NEW central air system, offering lower operating costs, improved efficiency, and added appeal to quality tenants.The building includes 2 spacious two-bedroom units and 1 bachelor, giving you the ideal opportunity to live in one unit while the other rentals help pay your mortgage. Located just minutes from the Tourist District, Casinos, GO Train, Niagara University, transit, shopping, and entertainment, it's an excellent location for hospitality workers, students, and professionals.With projected rents of $44,400/year and an estimated NET INCOME of $34,976, this property offers strong cash flow in a rapidly growing neighbourhood. Affordable price point, updated mechanicals, separate meters, and prime location - this is the income-producing opportunity you've been waiting for to start building wealth from day one.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Property Attached:
Yes
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Lot Size:
<.50
Lot Depth:
150'45.7 m
Lot Frontage:
29'7¼"9.02 m
Lot Details:
29.60 x 150.00
Direction Faces:
West
Bedrooms:
6+0
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
0
Bedrooms Above Grade:
6
Bedrooms Below Grade:
0
Kitchens Above Grade:
3
Rooms Above Grade:
10
Rooms Below Grade:
0
Zoning:
R2
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
0
Cooling:
Yes
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Separate Entrance, Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Front Yard Parking, Private Double, Other
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$2,405 /
2025
Assessment:
$- /
-
Niagara
Niagara Falls
211 - Cherrywood
Library, Public Transit, Place Of Worship, School Bus Route, School, Park
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.