Niagara Falls, ON L2G4R1 5748 LEONARD Avenue
$699,000
14 more
Presented By: RE/MAX NIAGARA REALTY LTD, BROKERAGE
Home Details
Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location! (id:7434)
Presented By: RE/MAX NIAGARA REALTY LTD, BROKERAGE
Interior Features for 5748 LEONARD Avenue
Other Interior Features
Basement DevelopmentPartially finished
Basement TypeFull (Partially finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
General for 5748 LEONARD Avenue
AmenitiesPark, Public Transit, Schools, Shopping
Building Cooling TypeNone
Building TypeDuplex
Building.StoriesTotal2
Community FeaturesSchool Bus
Foundation TypeBlock
Location DescriptionNorth off Lundy's Lane
Ownership TypeFreehold
Parking Space Total5
Property TypeMulti-family
Zoning DescriptionR2
Exterior for 5748 LEONARD Avenue
Exterior FinishOther
Land Amenities Park, Public Transit, Schools, Shopping
SewerMunicipal sewage system
StructureShed
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty