6133 Prospect Street

Welcome to a unique opportunity nestled in the heart of downtown Niagara Falls. This charming Multi-Family Home for sale in Niagara Falls is located at 6133 Prospect Street, Niagara Falls, and offers an exceptional income-generating duplex brimming with character and future potential. Set on an expansive 40' x 141' lot, this property presents an excellent opportunity for possible expansion or the addition of an Accessory Dwelling Unit (ADU).

The building, a well-maintained 2-storey multiplex, features a delightful exterior of vinyl siding that complements its original charm. With a total of seven rooms, including two spacious bedrooms and two bathrooms, this Multi-Family Home for sale in Niagara Falls is designed for comfort and functionality. The main-level unit boasts a generous layout with one bedroom and one bathroom, featuring an open kitchen and living space that is perfect for modern living. The unit also includes in-suite laundry facilities and direct access to a large, private backyard, ideal for outdoor entertaining or simply enjoying a bit of fresh air.

The upper-level unit is equally inviting, offering another bedroom and bathroom, along with in-suite laundry. This unit is bright and welcoming, with access to an unfinished attic that provides excellent storage options or the potential for further expansion, making it a versatile space for any homeowner. The property does not have a den, but the layout allows for creative use of space to suit your needs.

One of the standout features of this Multi-Family Home for sale in Niagara Falls is the versatile detached garage, which can easily serve as a workshop, hobby space, or studio. This additional space enhances the property’s appeal, providing ample room for various activities. The garage can accommodate one vehicle, while the property also offers parking for up to four additional cars, ensuring convenience for residents and guests alike.

Recent updates have been made to the furnace, central air conditioning, electrical systems, windows, siding, and roof, providing peace of mind for prospective buyers. While the home is currently unfurnished, its timeless details, such as solid wood trim and elegant pocket doors, add a touch of sophistication that is hard to find. The enclosed front porch adds extra functional space, perfect for enjoying your morning coffee or unwinding in the evenings.

Situated in the vibrant community of 215 - Hospital in Niagara, this Multi-Family Home for sale in Niagara Falls is just steps away from public transit and mere minutes from the iconic Falls, the entertainment district, the University of Niagara Falls, and the beautiful Niagara River. The proximity to the U.S. border further enhances its appeal, making it an attractive option for a wide range of buyers, from investors to multi-generational families or anyone looking to live in one unit while renting out the other.

The full, unfinished basement offers additional potential for storage or future development, allowing you to tailor the space to your needs. With its size, layout, and prime location, this property is a rare find in a great area, presenting an excellent opportunity for those looking to invest in a Multi-Family Home for sale in Niagara Falls.

In summary, 6133 Prospect Street, Niagara Falls, is a remarkable property that combines charm, functionality, and potential. Whether you are an investor seeking a lucrative opportunity or a family looking for a home that can accommodate multiple generations, this Multi-Family Home for sale in Niagara Falls is sure to meet your needs. Don’t miss out on this chance to secure a flexible property in a thriving community!

Community 215, located in the vibrant city of Niagara Falls, is a unique geographic area that offers a blend of urban convenience and natural beauty. Nestled close to the iconic waterfalls, this community boasts easy access to essential amenities, including healthcare facilities, shops, and recreational spaces. Residents can enjoy a lively atmosphere with a variety of dining options and cultural attractions nearby, while also having the opportunity to explore the stunning landscapes and outdoor activities that the region is renowned for. With its welcoming environment and proximity to both the falls and the city centre, Community 215 presents an appealing option for those looking to embrace a dynamic lifestyle in a picturesque setting.

Schools in the Neighbourhood

This property is conveniently located near a variety of educational institutions, catering to different age groups and language preferences. Within a short distance, you will find Princess Margaret Public School (1.3 km), offering elementary education in English for grades JK to 8, with a school rating of 5.7. For secondary education, Stamford Collegiate is just 0.4 km away, serving grades 9 to 12 in English, with a rating of 4.7. Additionally, Prince Philip French Immersion Public School, located 3.7 km away, provides a French language curriculum for grades 1 to 8 and boasts an impressive rating of 8.6. A N Myer Secondary School, also offering French instruction for grades 9 to 12, is situated 3.1 km from the property with a rating of 7.4. For those seeking Catholic education, St. Mary Catholic Elementary School (1.3 km) and Our Lady of Mount Carmel Catholic Elementary School (1.8 km) offer programs in English and French, respectively. Saint Paul Catholic High School is located 2.7 km away but has a low rating. Overall, this area provides a diverse range of educational options, making it an attractive choice for families.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 514 residents, with an average household size of 2.2 individuals. The demographic profile indicates a mature community, with an average age of 44 years. The average household income stands at $66,000, although a notable 20.4% of the population is classified as low-income. The housing market reflects an average property price of $470,000, and a significant portion of the population, 61.8%, is single. Families are also present, with 33.33% of households having children. The community is diverse, with 19.83% of residents being immigrants. Nearly half of the residents, 49.06%, are renters, indicating a strong rental market, while there are no condominiums available in the area. Education levels are relatively high, with 50.49% of the population holding a college or university degree. However, a considerable portion of the community, 43.14%, is not actively participating in the labor force. This demographic snapshot suggests a blend of young professionals, families, and a diverse population, making it a unique and potentially attractive area for potential homeowners and investors alike.