6175 Barker ST Active Save Request In-Person Tour Request Virtual Tour
Niagara Falls,ON L2G 1Y5
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 216 - Dorchester
MLS Listing ID X11990835
Style 2 1/2 Storey
Bedrooms 7
Annual Tax Amount $3,758
Tax Year 2024
Property Sub-Type Triplex
Property Description
Solid Investment Opportunity: This fully rented legal 2.5-storey triplex presents a substantial investment opportunity, delivering consistent cash flow with three separate rental units and expansion potential. Property Highlights: Unit 1 - Main House: 4 large bedrooms, 2 bathrooms, a spacious kitchen, and a bright living and dining area with a decorative fireplace. Second-floor laundry for tenant convenience. Unit 2 - Basement Apartment: Features a separate entrance, updated kitchen, newer 4-piece bath, and 2 large bedrooms Unit 3 - Back Unit: 1-bedroom apartment with an updated kitchen and 3-piece bathroom, suitable for singles or couples. Additional Features: Detached 2.5-Car Garage: This 20x23 ft garage includes hydro and has potential for additional rental income or conversion to an auxiliary unit. Expansion Potential: Consider converting the garage into a fourth unit or building a secondary unit on the existing pad. Recent Upgrades: New furnace (2023), updated plumbing and wiring, some newer windows, and a new roof (2021). Central A/C was added in 2018. Prime Location: Conveniently located near the new University of Niagara Falls and just 30 minutes from Niagara College. Close to public transit and local amenities. With all units fully rented, this triplex offers immediate positive cash flow and significant growth potential.
Location
Province ON
County Niagara
Community 216 - Dorchester
Area Niagara
Rooms
Family Room Yes
Kitchen 3
Interior
Cooling Central Air
Exterior
Parking Features Private,Private Double
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Other