6437 - 6423 BARKER STREET

Niagara Falls (216 - Dorchester), Ontario, L2G1Y6, Canada

$1,249,999

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 bathâ€”ideal for small families or young professionals. Unit 2: 2 beds, 2 bathsâ€”perfect for larger families or roommates seeking spacious living.rnUnit 3: A cozy studio apartmentâ€”great for single occupants. Each is self-sufficient w/its own washer & dryer, providing the convenience of in-unit laundry. Thereâ€™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, 2Â½ bathroomsâ€”a large, comfortable living space for growing families A potential in-law suiteâ€”perfect for multi-generational living or additional rental incomernThis 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.

Last updated on : Tuesday 12th of November 2024 06:55:07 PM

ADDRESS

Street : 6437 - 6423 BARKER STREET

City : Niagara Falls (216 - Dorchester)

Province : Ontario

Country : Canada

Postal Code : L2G1Y6

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PROPERTY SUMMARY

Property ID : X9414745

Property Type : Business

Bedrooms : 4

Bathrooms : 3

Parking : 6

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