INVESTMENT OPPORTUNITY TRIPLEX WITH BONUS OUTBUILDING! Welcome to 5685 Temperance Avenue, a rare and versatile investment property nestled in the Coronation neighborhood of Niagara Falls. This 1250 sq ft legal triplex offers excellent rental potential and is perfectly located close to public transit, schools, shopping, and all city amenities. The main dwelling includes three self-contained residential units: MAIN FLOOR UNIT: Spacious 2 bedrooms, 1 full bath, bright living area, and full kitchen. UPPER UNIT: Cozy 1 bedroom, 1 bathroom with private access ideal for singles or young professionals. LOWER UNIT: 1 bedroom, 1 bath unit with above-grade windows, perfect for maximizing rental income. But that's not all, this property features an additional 700 sq ft outbuilding, currently operating as a music studio, complete with a main level workspace and two upper rooms. With the right vision, this structure could be converted into a two-bedroom secondary unit (buyer to verify zoning and permits).The outbuilding includes a furnace, offering year-round usability and added value for future conversion or continued business use. Whether you're an investor looking to expand your portfolio or a savvy buyer seeking income potential, 5685 Temperance Ave is an opportunity not to be missed! (id:41966)
| MLS® Number | X12146497 |
| Property Type | Multi-family |
| Community Name | 215 - Hospital |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Features | Sump Pump |
| Parking Space Total | 8 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Dryer, Stove, Washer, Window Coverings, Refrigerator |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Exterior Finish | Brick, Stucco |
| Fireplace Present | No |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1100 - 1500 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 37 Ft ,7 In |
| Size Irregular | 37.6 X 100 Ft |
| Size Total Text | 37.6 X 100 Ft |
Your Mortgage Payment
Your total interest costs are:
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| Bi-Weekly Accelerated | |||
| Weekly Accelerated |
Contact me for more information
Emily worked so hard to sell our property and to find us the perfect home for our growing family. We are grateful to have found such a dedicated and pleasant agent to work with. She is so helpful and friendly and can easily become anyone’s friend. We’d recommend her to anyone!
Happy Customer
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