905-892-8920         info@teambb.ca   


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4087 Portage Road Niagara Falls, Ontario L2E 5J9

2 Bedroom 2 Bathroom
Central Air Conditioning Forced Air

$999,000

Opportunity is knocking! Calling all investors, entrepreneurs and visionaries: this is the perfect property for you. This detached well maintained property shows pride of ownership from top to bottom. This General Commercial zoned property is located in the North end of Niagara Falls close to many amenities and sits in between Drummond and Portage, near 5 corners intersection. This property was originally a 4 plex but it is currently running as a main floor Hair Salon with 2, one bedroom units above. So if you're looking for a turn key business with rental income, this is the property for you. If you're more of an investor type, the main floor could easily be turned back into 2 residential units making it a 4 plex once again. The partially finished basement with electrical and plumbing in place also boasts potential for 2 additional units to be created. Finally, if you are the visionary buyer, then this property is perfect to do an addition to with tons of space to add on to the existing property. The current property offers two single driveways for the 1 bedroom apartments, and the Barber shop offers 10 parking spaces. The whole property can accommodate up to 14 cars. This property has been well maintained and has many updates over the past 10 years such as Roof, Windows, Exterior Siding, Stucco, 2 A/C units, 2 Furnaces, 2 Owned Hot Water Heaters and the building is powered by 2 - 100 amp electrical panels. Don't miss out on this incredible opportunity to own an amazing building with so much future potential. (id:14150)

Property Details

MLS® Number 40076976
Property Type Multi-family
Amenities Near By Public Transit
Community Features High Traffic Area
Features Paved Driveway

Building

Bathroom Total 2
Bedrooms Total 2
Basement Development Partially Finished
Basement Type Full (partially Finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Stucco, Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 92 Ft
Size Frontage 49 Ft
Size Total Text Under 1/2 Acre
Zoning Description Gc

https://www.realtor.ca/real-estate/22913773/4087-portage-road-niagara-falls

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Michael Joseph Fossey
Salesperson

(905) 651-9856
(905) 357-1705

Revel Realty Inc., Brokerage
8685 Lundy's Lane
Niagara Falls, Ontario L2H 1H5

(905) 357-1700
(905) 357-1705
www.revelrealty.ca

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