4020 Main Street Niagara Falls, Ontario L2G 6B8

4 Bedroom 3 Bathroom 2,500 - 3,000 sqft
Central Air Conditioning Forced Air

$669,000

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! (id:36096)

Property Details

MLS® Number X14168832
Property Type Multi-family
Community Name 223 - Chippawa
Amenities Near By Public Transit, Schools
Community Features School Bus
Equipment Type Water Heater
Features In-law Suite
Parking Space Total 6
Rental Equipment Type Water Heater
Structure Outbuilding

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Total 4
Appliances Garage Door Opener Remote(s)
Basement Type Crawl Space
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Block
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,500 - 3,000 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 165 Ft
Size Frontage 60 Ft
Size Irregular 60 X 165 Ft
Size Total Text 60 X 165 Ft
Zoning Description R2

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30501052/4020-main-street-niagara-falls-chippawa-223-chippawa

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