Space
Finished area and layout
- Square Feet
- 3,000-3,500 sqft
- Bedrooms
- 4
- Bathrooms
- 2
+45 more
4
Bedrooms
2
Bathrooms
3,000-3,500 sqft
Square Feet
50 x 151.7 FT
Lot
6
Parking
Property Snapshot
Key details for this listing
MLS #X13800086
Property
Type, style and structure
- Type
- residential
- Style
- duplex / Duplex
- Structure
- 3-Storey
- Ownership
About This Property
This 4-bedroom, 2-bathroom duplex in Niagara Falls offers 3,000-3,500 sqft of square feet on a 50 x 151.7 FT lot. 3 storeys. The home features central air, wall unit(s), a full, separate entrance basement. Highlights include waterfront views, a none pool.
MLS Remarks
SPECTACULAR NIAGARA RIVER DUPLEX WITH INCREDIBLE INCOME POTENTIAL! Situated on prestigious River Road, one of Niagara's most highly sought-after neighborhoods overlooking the majestic Niagara River, this massive, fully upgraded property offers an exceptional opportunity for savvy investors or owner-occupiers. The property features two expansive 1,300-square-foot units, each offering 2 spacious bedrooms, a beautifully updated bathroom, a bright sunroom, a kitchen, a formal dining room, and a living room complete with elegant French doors and gleaming hardwood floors. Both main and second-floor units boast individual full basements for ample storage, separate gas and hydro meters, and two owned hot water tanks. Capital improvements abound with a complete electrical rewiring in 2023 featuring pot lights throughout and hardwired smoke detectors, along with fully replaced windows and air conditioning spanning all three floors. A detached double garage with concrete floors provides excellent parking or storage. Financially rewarding, the main floor currently generates $1,940 per month plus heat and hydro. The identical second-floor unit also commands $2,500 per month plus heat and hydro, and will be delivered vacant-perfect for an owner-occupant or an investor looking to set current market rents. Massive upside awaits in the 800-square-foot, partially finished third-floor loft Already framed and plumbed for a kitchen, bathroom, and living area, this space offers the opportunity to create a separate Additional Dwelling Unit (ADU) for rental income. Alternatively, it can be integrated into the second-floor apartment as a spectacular master suite with an ensuite bathroom, transforming the unit into a high-value three-bedroom apartment. Turnkey mechanics, premium location, and undeniable value-add potential make this River Road gem a rare find (id:60351)
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