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5748 Leonard Avenue Niagara Falls, Ontario L2G 4R1

Speak to an Agent About 5748 Leonard Avenue, Niagara Falls
6 Bedroom 3 Bathroom 2444 sqft sq. ft
None Forced Air

$699,000

Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location! (id:38042)

5748 Leonard Avenue, Niagara Falls Property Overview

MLS® Number 40611536
Property Type Multi-family
AmenitiesNearBy Park, Public Transit, Schools, Shopping
CommunityFeatures School Bus
EquipmentType Water Heater
ParkingSpaceTotal 5
RentalEquipmentType Water Heater
Structure Shed

5748 Leonard Avenue, Niagara Falls Building Features

BathroomTotal 3
BedroomsTotal 6
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1910
CoolingType None
ExteriorFinish Other
FireProtection Unknown
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2444 Sqft
Type Duplex
UtilityWater Municipal Water

5748 Leonard Avenue, Niagara Falls Parking

Detached Garage

5748 Leonard Avenue, Niagara Falls Land Details

AccessType Highway Access
Acreage No
LandAmenities Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 131 Ft
SizeFrontage 50 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R2