Niagara Falls, ON L2G 1Y5,6175 Barker ST
Niagara Falls, ON L2G 1Y5,6175 Barker ST
Niagara Falls, ON L2G 1Y5,6175 Barker ST
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$689,900
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7 Beds
4 Baths
Price Dropped by $29K

6175 Barker ST Niagara Falls, ON L2G 1Y5

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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

Lot Depth 181.0

Lot Front 40.0

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

Basement Apartment

Kitchen 3

Interior

Interior Features Separate Hydro Meter

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private, Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 181.0

Total Parking Spaces 7

Building

Foundation Other


Listed by RE/MAX WEST REALTY INC.

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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