Standardized Operating Procedure of Purchase

Value-add 4-unit opportunity in Niagara Falls, currently configured as a 3-unit following prior owner modification; upper unit kitchen plumbing remains, offering potential to reconfigure back to a 4-unit layout, subject to city approval. All brick building with separate furnaces, hot water tanks, and electric for each unit. Roof has had recent repairs, per owner. Security cameras and smart locks in place.
Property is currently vacant and was previously operated as a short-term rental, offering multiple repositioning options. Located within the Niagara Falls Airbnb zone. Front driveway plus 4 off-street parking spaces in the rear.
Opportunity for interior updates and customization. Property is being sold as-is. Owner has indicated a code enforcement notice related to interior condition in one unit, including a ceiling issue. Buyers should perform their own due diligence regarding condition and requirements to restore occupancy.
Strong potential for investors looking to reposition and maximize value.