4020 MAIN STREET
Niagara Falls (Chippawa), Ontario
MLS® X14168832
$669,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14168832
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- —
1 / 7Listing description
Welcome to this versatile commercial/residential property offering endless possibilities for investors, entrepreneurs or multi-generational families! Currently configured as two residential units, this property presents exciting potential for conversion into a three-unit income property. The main floor features a 1-bedroom residential unit plus an additional space, formerly used as a storefront, offering the opportunity to create a second main-floor residential unit (subject to approvals).
The upper level boasts a spacious, well-maintained 3-bedroom apartment with plenty of natural light and comfortable living space. Adding even more value is the impressive 30' x 25' heated garage/workshop at the rear, featuring a radiant gas tube heater, 60 AMP electrical service, 12-foot ceilings and two overhead doors (9' x 9' and 9' wide). An additional 14.
6' x 25' storage room provides excellent space for equipment, inventory or extra storage. Situated on a generous lot along a main artery in the heart of Chippawa, this property enjoys a fantastic location just steps from the Welland River (affectionately known as "The Crick"), a nearby boat launch and the charming downtown square. Whether you're looking to live in one unit while generating rental income, expand your investment portfolio, operate a business, or explore the potential for a triplex conversion, this property offers exceptional flexibility and opportunity.
A rare chance to own a property with so many possibilities in this sought-after Chippawa location!
Property summary
- MLS® number
- X14168832
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 60 x 165 FT
- Annual property taxes
- $4,105.00
- Parking
- 6 spaces · Detached Garage, Garage
- Days on market
- 0 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Crawl space
- Appliances
- Garage door opener remote(s)
- Exterior features
- Vinyl siding
- Lot features
- In-Law Suite
- Community features
- School Bus
What would this home cost you?
Based on the $669,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REALTY EXECUTIVES PLUS LTD, BROKERAGE, NIAGARA FALLS.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.