Welcome to this prime investment opportunity for investors seeking to revitalize a promising multi-residential property. This 12 unit (10-1 bed, 2 bachelor) property is nestled in a great part of town and offers a canvas for investors to unlock its full potential and reap substantial returns for increased cash flow and property value. The building sits on a large corner lot with parking spaces (currently 10 parking spaces but space for more). This property offers the convenience of nearby public transport, amenities, places of worship, schools and more. All units are occupied. Roof was done in 2010. New heating boiler in 2012. Great opportunity for generational wealth. Being sold AS-IS.BONUS****MUST BE PURCHASED WITH A 2 BEDROOM HOUSE AT 6019 DORCHESTER IS INCLUDED (950 sq. ft)(tenanted)right beside property***SEE MLS Number: X12130828
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
Other
Approx. Age:
51-99
Total Approx Floor Area:
3500-5000
Lot Size:
.50-1.99
Depth:
50'1½"15.3 m
Frontage:
148'10"45.4 m
Topography:
Flat
Direction Faces:
North
Bedrooms:
10
Bathrooms:
12.0
Water supply:
Municipal
Kitchens:
12
Bedrooms Above Grade:
10
Kitchens Above Grade:
12
Rooms Above Grade:
34
Ensuite Laundry:
No
Fractional Ownership:
No
Zoning:
R5A
Assignment:
No
Heating type:
Radiant
Heating Fuel:
Other
Foundation:
Block
Roof:
Asphalt Shingle
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Reserved/Assigned
Parking Spaces:
10
Total Parking Spaces:
10.0
Family Room:
No
Possession Details:
Fully tenanted properties
Pool:
None
HST Applicable To Sale Price:
In Addition To
Assessment:
$669,000
Assessment Year:
2024
Taxes:
$10,520.23 /
2024
Assessment:
$669,000.00 /
2024
Niagara Falls
216 - Dorchester
Niagara
Place Of Worship, Public Transit, School, School Bus Route
Water Heater Owned
12 fridge and stoves, 2 sets of coin operated laundry in building,
Brick
No
No
Utilities Cable:
Available
Utilities Telephone:
Available
Utilities Gas:
Available
Utilities Hydro:
Available
Utilities Water:
Yes
Sewers:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Laundry Level:
Lower Level
Date Listed:
May 07, 2025
Original Price:
$1,600,000
Side by side 6 plex, both with seperate entrance's
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