4020 MAIN STREET, Niagara Falls (Chippawa)

$699,900

For sale: Multiplex

Property type

Multi-family

Bedrooms / bathrooms

4 bedrooms, 3 bathrooms

Living area

3,000 sqft

MLS number

MLS® X12932848

Neighbourhood

223 - Chippawa

Welcome to an incredible multi-residential opportunity in the heart of Chippawa! This versatile property is ideal for investors or multi-generational living, currently set up with two units and offering exciting potential to convert into a triplex. The main floor features a 1-bedroom unit plus additional space that was previously used as a storefront-perfect for conversion into a second main-floor residential unit, creating a third income stream with ease. Upstairs, you'll find a spacious and well-maintained 3-bedroom unit, offering comfortable living space with great natural light. At the rear, enjoy a 30 ft x 25 ft heated garage/workshop, complete with: Radiant gas tube heater, 60 AMP service, 12 ft ceilings, Two overhead doors (9 ft x 9 ft and 9 ft) and an attached 14.6 ft x 25 ft storage room at the back. Set on a large lot along a main artery, this property offers both convenience and future upside. Located just steps from the Welland River ("the Crick"), a nearby boat launch, and the charming downtown square, tenants will love the walkable lifestyle. Live in one unit and rent the others, or maximize your investment with a triplex conversion-opportunities like this don't come often!