Cross Streets: Woodbine St and Montrose Rd. ** Directions: Baldwin Ave. Located in the desirable and established Ascot community of Niagara Falls at 4751 Baldwin Ave , this exceptional property offers a rare blend of immediate cash flow, financial leverage, and tremendous future development potential near Montrose Rd. Situated on an expansive 53.06 x 131.4-foot lot , the well-maintained bungalow features a practical layout without a basement, making it ideal for families seeking an affordable transitional home with long-term investment upside. For savvy investors and builders, this is a premier opportunity to secure a prime piece of land using conventional residential mortgage leverage, as the existing structure can be completely relocated and sold for instant cash, leaving a vacant lot ready for a brand-new build. Generating an immediate rental income of $1,850 per month from a reliable AAA tenant, combined with a separate detached garage equipped with hydro, an owned water heater, and absolutely no monthly fees, this turn-key asset ensures completely stress-free cash flow while you plan your next move. (id:27476)
