4768 CRYSLER AVENUE

Niagara Falls (Downtown), , L2E3W1, Canada

$799,900

FULLY RENOVATED LEGAL 4-PLEX IN RAPIDLY DEVELOPING NIAGARA FALLS LOCATION! Located just steps from the Niagara River, Niagara Falls University, Clifton Hill, and the GO Station, this fully remodelled multi-family property is an investors dream! With over $67,000 in annual income and a strong 6.75% cap rate, this turn-key opportunity offers both immediate cash flow and long-term appreciation. This LEGAL 4-plex features four fully self-contained, above-grade units - all updated with modern finishes to attract quality tenants. The finished lower level includes a shared laundry area, boosting tenant convenience and income potential. Set on an R5-zoned lot with ample parking and bordering future residential development, this property is surrounded by signs of growth - making it a rare chance to invest in a downtown neighbourhood with future redevelopment potential. BONUS: Seller is covering the first year of property taxes for the new owner, reducing your operating costs from day one.

Virtual Tour: https://youtu.be/O-xGRcMRW8I

Last updated on : Friday 23rd of May 2025 10:45:19 AM

ADDRESS

Street : 4768 CRYSLER AVENUE

City : Niagara Falls (Downtown)

Country : Canada

Postal Code : L2E3W1

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PROPERTY SUMMARY

Property ID : X12168345

Building Type : Multi-Family

Property Type : Multi-family

Parking : 4

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