Listed by Exp Realty.

4741 First Avenue is a Detached, Bungalow and is currently for Sale @ $482,900. Taxes in 2025 were $2,936.37.

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Attention Builders, Investors & Renovators!Fantastic opportunity to acquire a valuable 70' x 150' lot with an existing home-ideal for redevelopment or investment. The Bungalow on 4741 First Avenue has 3 bedrooms, 1 bathrooms, and is located on a 150 x 70 ft lot in the community of Cherrywood . The sellers have already completed the pre-consultation process with the City of Niagara Falls Planning Department, paving the way for future growth.Potential options include severing the lot into two parcels to build detached homes, or severing into three parcels for semi-detached or townhouse development (buyer to verify).This prime location is just 2 minutes to the Niagara Falls GO Station and Niagara University, and only 5 minutes to the vibrant entertainment district-a high-demand area with strong growth potential.The existing 3-bedroom, 1-bathroom home (approx. 950 sq. ft.) offers the option to rent out while you plan your project, or renovate and enjoy yourself.An excellent opportunity for those looking to build, invest, or add value in one of Niagara's most promising areas. Location has city water/sewer, natural gas, electricity, cable.

Fridge, Stove, Stacked Washer/Dryer Combo, all appliances in as is condition.

The address 4741 First Avenue was listed for sale (MLS# X12468399) on Friday, October 17, 2025.