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5206 Morrison Street Niagara Falls, Ontario L2E 2E4

3 Bedroom 2 Bathroom 1915
Central Air Conditioning Forced Air

$599,900

Attention investors! Welcome to 5206 Morrison Street. Whether youre considering a property to live in to subsidize your mortgage or wanting a full return, this turnkey investment is an excellent opportunity for rental real estate. This 2.5 storey duplex offers 2 units with rent at fair market value: The 1 bedroom unit features a gas fireplace, gas stove, collects $1450 and is inclusive; the upper 1bedroom plus attic unit has recently become VACANT, has a keyless entry, electric fireplace and as recent as last month collected $1650, also inclusive. Well maintained by the owner and updated with some industrial and rustic feels that include a built in live edge table and bench in the upper kitchen. This property also features separate, private entrances as well as separate access to a shared laundry located in the basement; 2 parking spaces featuring a one car garage with a keypad and fob entry; a hot water tank that is one year in age and owned and fire alarms that are hard wired in for safety. This legal duplex can also easily be converted back to its original single family dwelling. Located just minutes away from downtown Niagara Falls and Clifton Hill tourist area, close to the highway. Don't miss out on an incredible opportunity to get into the investment market with this unique property. (id:19661)

Property Details

MLS® Number 40098870
Property Type Multi-family
Amenities Near By Hospital, Public Transit
Features Country Residential, Automatic Garage Door Opener
Parking Space Total 3

Building

Bathroom Total 2
Bedrooms Total 3
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Brick, Metal, Vinyl Siding
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 1915
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 90 Ft
Size Frontage 30 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/23147341/5206-morrison-street-niagara-falls