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Investment signal

$1,990,000

6102 PERKINS Street

Save this home

Beds

Baths

Sqft

12,800

Year

Type

Other

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Niagara Falls. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Exceptional investment opportunity! This versatile Commercial property offers 12,800 sq. ft. of space plus two garages on a 0.84-acre lot, zoned General Commercial (GC) allowing for a wide range of permitted uses. The building includes five updated residential units (one, two-and three-bedroom + den layouts), all currently occupied by tenants, providing immediate income. Centrally located in a high-visibility area with easy access to major highways, this property ensures both convenience and exposure. Recent improvements include updated plumbing, electrical, windows, furnaces, AC units, roofing, driveways, and flooring making it a solid , turn-key opportunity for investors or business owners alike. Don't miss the chance to own a well-maintained, income-generating property in a prime location with endless possibilities. (id:65958)

Subtype
Other
Community
211 - Cherrywood
Common interest
Freehold
Living area
12,800 square feet
Lot size
0.84 acres
Lot dimensions
0.84
Stories
2
On market
Nov 22, 2025
Status changed
Apr 28, 2026
Annual tax
$24,546
Zoning
GC
Photos
15
MLS#
40789989
Area
NIAGARA_FALLS

Features and systems

Parking

Attached Garage

Basement

None

Exterior

Stucco

Foundation

Poured Concrete

Lot

Paved driveway

Utilities

Natural GasElectricityTelephone
Negative cash flow ~$2,094/mo at these assumptions

Cash on cash

-6.31%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,154

Financing

Down payment$398,000
Loan amount$1,592,000
Mortgage$8,066/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$912
Insurance$80
Maintenance$1,658
CapEx reserve$829
Vacancy loss$498

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Niagara Falls. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $8,066/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.

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