3 Bedroom
    
    
          7664 sqft
      
  
    
    
    
          Partially Air Conditioned
    
          Hot Water Radiator Heat
    
    
    
      
  
      
    
    
    
    $1,788,000
  
  
  
  Rare investment opportunity situated directly across from the Chippawa Creek, this 9-unit building boasts incredible waterfront proximity with added potential to lease the land across the street for a dock or other value-enhancing features. With Tourist Commercial (TC) zoning, the property supports a wide range of uses including long-term rentals, short-term Airbnb stays, or a hybrid model, making it ideal for savvy investors.The building includes seven 1-bedroom units with scenic water views, two 2-bedroom units at the rear, all sharing a common laundry and storage area. Seven units and common areas have already been demo'd and cleaned, with updated emergency lighting, a new backflow prevention valve, and front cleanouts installed. A two-year-old roof adds peace of mind. Remaining work includes general interior finishes and final touches, with the building nearing the final stages of revitalization. Whether you're looking to reposition the property as a premium rental offering or capitalize on the area's strong short-term rental demand, this location offers exceptional flexibility, waterfront charm, and long-term upside. (id:49187)
  
  
  
    
  
  
	Business
	
		
						
						
				| 
					 Business Type
				 | 
				
					Residential				 | 
				
								
						
				| 
					 Business Sub Type
				 | 
				
					Apartments				 | 
				
								
		
	
Property Details
	
		
			| 
									MLS® Number
							 | 
			
				X12397134			 | 
		
                    
                | 
                    Property Type
                 | 
                
                    Multi-family                 | 
            
        
                    
                | 
                    Neigbourhood
                 | 
                
                    Chippawa                 | 
            
        
                    
                | 
                    Community Name
                 | 
                
                    223 - Chippawa                 | 
            
        		
					
								
					| 
						 Amenities Near By
					 | 
					
						Public Transit					 | 
				
								
							
	
Building
	
																				
						
				| 
					 Bedrooms Total
				 | 
				
					3				 | 
			
																																																																																																		
						
				| 
					 Cooling Type
				 | 
				
					Partially Air Conditioned				 | 
			
																																																										
						
				| 
					 Heating Fuel
				 | 
				
					Natural Gas				 | 
			
								
						
				| 
					 Heating Type
				 | 
				
					Hot Water Radiator Heat				 | 
			
																																	
						
				| 
					 Size Interior
				 | 
				
					7664 Sqft				 | 
			
																							
						
				| 
					 Type
				 | 
				
					Multi-family				 | 
			
																		
						
				| 
					 Utility Water
				 | 
				
					Municipal Water				 | 
			
													
	
	Land
	
		
							
										
						| 
							 Acreage
						 | 
						
							No						 | 
					
											
										
						| 
							 Land Amenities
						 | 
						
							Public Transit						 | 
					
											
										
						| 
							 Size Depth
						 | 
						
							149 Ft ,11 In						 | 
					
											
										
						| 
							 Size Frontage
						 | 
						
							60 Ft						 | 
					
											
										
						| 
							 Size Irregular
						 | 
						
							60 X 149.92 Ft						 | 
					
											
										
						| 
							 Size Total Text
						 | 
						
							60 X 149.92 Ft						 | 
					
											
										
						| 
							 Zoning Description
						 | 
						
							Tc						 | 
					
										
		
	
        
	
	
        
                            https://www.realtor.ca/real-estate/28848522/3865-front-street-niagara-falls-chippawa-223-chippawa