4902 Mcrae Street

This listing was posted on ListedBuy.

$810,000

4902 Mcrae Street

Price:

$810,000

Summary:

Used

Location:

Niagara Falls, ON

Description:

Exceptional Investment Opportunity Awaits! Introducing a distinguished 4-unit multi-residential property, brimming with original charm and character, located within walking distance to the bustling casino and vibrant tourist attractions. This investment gem is a lucrative venture for any savvy investor, offering a mix of 2 one-bedroom units and 2 spacious two-bedroom units, all nestled on a fully fenced and well-maintained 120 ft deep lot. Recent upgrades have significantly enhanced the property's value, including a new roof and boiler system both added in 2021, along with over $200,000 invested in renovations and further upgrades. The commitment to safety is evident with a comprehensive fire alarm system, an updated fire panel as of June 2015, and other infrastructure improvements like a rebuilt front porch (2020), updated fencing (2019), a new boiler control panel (2012), a modern hydro panel (2007), and an owned hot water heater (replaced in 2017). This property is more than just a building; it represents a turnkey investment with a proven track record of profitability and a potential for even greater returns, positioned in a sought-after location. Still available at ListedBuy!

Posted:

March 3 on ListedBuy