4758 Second Avenue Niagara Falls, Ontario L2E 4H8
$549,900
Welcome to 4758 Second Avenue, a legal non-conforming Triplex in the heart of Niagara Falls - perfect for first-time buyers or savvy investors looking for strong rental income in a high-demand area. This well-maintained property features 2 separate hydro meters, along with a NEW furnace and NEW central air system, offering lower operating costs, improved efficiency, and added appeal to quality tenants.The building includes 2 spacious two-bedroom units and 1 bachelor, giving you the ideal opportunity to live in one unit while the other rentals help pay your mortgage. Located just minutes from the Tourist District, Casinos, GO Train, Niagara University, transit, shopping, and entertainment, it's an excellent location for hospitality workers, students, and professionals.With projected rents of $44,400/year and an estimated NET INCOME of $34,976, this property offers strong cash flow in a rapidly growing neighbourhood. Affordable price point, updated mechanicals, separate meters, and prime location - this is the income-producing opportunity you've been waiting for to start building wealth from day one. (id:38042)
4758 Second Avenue, Niagara Falls Property Overview
| MLS® Number | X12615222 |
| Property Type | Multi-family |
| Community Name | 211 - Cherrywood |
| Amenities Near By | Public Transit, Place Of Worship, Schools, Park |
| Community Features | School Bus |
| Equipment Type | Water Heater |
| Features | Carpet Free |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
4758 Second Avenue, Niagara Falls Building Features
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Meter, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a, N/a (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
4758 Second Avenue, Niagara Falls Parking
| No Garage |
4758 Second Avenue, Niagara Falls Land Details
| Acreage | No |
| Land Amenities | Public Transit, Place Of Worship, Schools, Park |
| Sewer | Sanitary Sewer |
| Size Depth | 150 Ft |
| Size Frontage | 29 Ft ,7 In |
| Size Irregular | 29.6 X 150 Ft |
| Size Total Text | 29.6 X 150 Ft|under 1/2 Acre |
| Zoning Description | R2 |
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December 10 2025 03:27:43
Niagara Association of REALTORS®
Cosmopolitan Realty