SoldDuplex

5245 Palmer Avenue

Name: 5245 Palmer Avenue - Sold Sep 2024
Brand: RE/MAX NIAGARA REALTY LTD.
Price: 508000 CAD
Availability: SoldOut

Niagara Falls - 210 - Downtown

5245 Palmer Avenue

Niagara Falls - 210 - Downtown

Sold For$508,000

Listed For $529,900

Sold Sep 2024

3 + 1 Bedrooms Bedrooms

2 Bathrooms Bathrooms

0 Garage Garage

Description

ASSUMABLE MORTGAGE AT 1.94% !!! This Cash-Flowing Legal Duplex is situated in the heart of Downtown Niagara Falls! Minutes to Go-Station, the Niagara River, Clifton Hill and Casino Niagara. This turnkey investment features two above-grade units with hardwood flooring throughout. The main floor enjoys 3+1 bedrooms and full bath, and upper unit features 2 bedrooms and full bath. Separate hydro meters and entrance to the basement. 5 car paved parking. R2 zoning. Do not miss this opportunity to add this asset to your Niagara portfolio! Features Area Influences: School Bus Route

Key facts for 5245 Palmer Avenue

Tax$2,483 / 2024

Property TypeDuplex, 2-Storey

Lot Size57.6 x 50 Feet

Size1100-1500 ft²

ParkingNone Spaces, Total 5 Spaces

Parking FeaturesPrivate Double

BasementFull, Unfinished

Listing #X9049911

Days on Market--

Listing BrokerageRE/MAX NIAGARA REALTY LTD.

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

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* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$2,588/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$4.5% net yield

Net Monthly Cash Flow-$394

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Inquire with Realtris

(866) 511-7171

info@realtris.ca

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