Solid Investment Opportunity: This fully rented legal 2.5-storey triplex presents a strong investment opportunity, delivering consistent cash fow with three separate rental units and expansion potential Property Highlights: Unit 1 - Main House: 4 large bedrooms, 2 bathrooms, a spacious kitchen, and a bright living/dining area with decorative freplace. Second-foor laundry for tenant convenience. Unit 2 - Basement Apartment: Features a separate entrance, updated kitchen, newer 4-piece bath, and 2 large bedrooms Unit 3 - Back Unit: 1-bedroom apartment with an updated kitchen and 3-piece bathroom, suitable for singles or couples. Additional Features: Detached 2.5-Car Garage: This 20x23 ft garage includes hydro and has potential for additional rental income or conversion to an auxiliary unit. Expansion Potential: Consider converting the garage into a fourth unit or building a secondary unit on the existing pad. Recent Upgrades: New furnace (2023), updated plumbing and wiring, some newer windows, and a new roof (2021). Central A/C added in 2018. Prime Location: Conveniently located near the new University of Niagara Falls and just 30 minutes from Niagara College. Close to public transit and local amenities. With all units fully rented, this triplex offers immediate positive cash fow and signifcant growth potential. (id:47421)
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Detailed Information
Bedrooms
7
Bathrooms
4
Lot
40 x 181 ft
Listing Contract Date
2025-02-27
Location Description
Dorchester Road
# of Parking Spaces
7
Property Type
Single Family
Transaction Type
For sale
Building
Amenities
Separate Electricity Meters
Basement Features
Apartment in basement
Basement Type
N/A
Cooling Type
Central air conditioning
Exterior Finish
Stucco, Vinyl siding
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2.5
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Garage
Utilities
Type
Description
Cable
Available
Sewer
Installed
Land
Total Size
40 x 181 FT
Sewer
Sanitary sewer
Size of Irregular Land
40 x 181 FT
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