5145 Rice Crescent, Niagara Falls, ON L2E 4A1
Niagara Falls , L2E 4A1
$549,000.00
5 Bedrooms
4 Bathrooms
Residential Freehold
Property Details
| MLS Number | X13104854 |
| Property Type | Residential Freehold |
| City | Niagara Falls |
| City Region | 210 - Downtown |
| Postal Code | L2E 4A1 |
| Cross Street | Rice and Ryerson |
| Street Number | 5145 |
| Street Name | Rice |
| Lot Width | 50 ft |
| Lot Depth | 90 ft |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Annual Tax | $2,620.00 |
| Sewer | Sewer |
| Occupant Type | Tenant |
Description
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.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads