5145 Rice Crescent Niagara Falls, Ontario L2E 4A1

5 Bedroom 4 Bathroom 1,100 - 1,500 ft2
Central Air Conditioning Forced Air

$549,000

Strong investment opportunity with multiple income streams and excellent flexibility for investors or owner-occupants. This legal duplex features a spacious 2-bedroom main floor unit and a bright 1-bedroom upper unit, each with separate entrances. Additionally there is a lower-level living space with in-law potential offering separate entrance, kitchen, bathroom and two bedrooms. Coin laundry on site provides added revenue opportunity. Property offers parking for 3 vehicles and a low-maintenance backyard for tenant enjoyment. Centrally located in a convenient downtown area within walking distance to shopping, restaurants, amenities, and the Falls. Excellent opportunity to add value and maximize cash flow in a high-demand rental location. Current total monthly rents are $4,600 and include all utilities. 24 hours notice required for all showings. (id:34139)

Property Details

MLS® Number X13104854
Property Type Multi-family
Community Name 210 - Downtown
Equipment Type Water Heater, Furnace
Parking Space Total 3
Rental Equipment Type Water Heater, Furnace

Building

Bathroom Total 4
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a, N/a (finished)
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Steel
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,100 - 1,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 90 Ft
Size Frontage 50 Ft
Size Irregular 50 X 90 Ft
Size Total Text 50 X 90 Ft
Zoning Description R2

Rooms

Level Type Dimensions
Second Level Bathroom 2.29 m x 2.44 m
Second Level Kitchen 2.47 m x 2.83 m
Second Level Living Room 5.95 m x 4.7 m
Second Level Bedroom 3.08 m x 4.79 m
Basement Kitchen 3.96 m x 3.75 m
Basement Living Room 2.71 m x 5.52 m
Basement Bathroom 2.13 m x 1.52 m
Basement Bedroom 3.29 m x 3.96 m
Basement Bedroom 2 3.32 m x 3.66 m
Main Level Living Room 6.55 m x 4.15 m
Main Level Kitchen 3.29 m x 2.99 m
Main Level Bathroom 2.32 m x 1.68 m
Main Level Bedroom 3.2 m x 3.44 m
Main Level Bedroom 2 3.11 m x 3.41 m
Main Level Bathroom 1.13 m x 2.32 m

https://www.realtor.ca/real-estate/29725315/5145-rice-crescent-niagara-falls-downtown-210-downtown

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