4020 Main Street
4020 Main Street in Niagara Falls - 4 bedroom, 3 bathroom. Listed at $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!
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 2750 sqft
- Basement: Crawl Space
- Heating: Gas
- Cooling: Central Air
- Parking: 6 spaces
- Property Taxes: $4,105/yr
- Neighbourhood: 223 - Chippawa
- Postal Code: L2G 6B8
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