8 Beds 4 Bath

4553 Ferguson Street, Niagara Falls, ON L2E 2Y7

Niagara Falls L2E 2Y7 Ontario

MLS: X12341036

$899,500

Added 24 days ago | For Sale

Listed by: EXP REALTY

About Property

This well-maintained four-unit multi-family building in the heart of Niagara Falls offers a turnkey investment with strong in-place income. Fully tenanted at or near market rents, the property generates immediate cash flow with a 5.3% cap rate at the asking price. Each unit is separately metered for hydro, with tenants responsible for their own utilities, minimizing operating costs. Recent upgrades include a new boiler heating system installed two years ago and a flat roof just over ten years old, both contributing to reduced near-term capital expenditures. The owner has kept the building in good condition, refreshing units upon turnover to maintain quality and tenant appeal. Situated in a quiet neighbourhood, this asset combines low-maintenance operations with long-term value retention, making it an ideal opportunity for both seasoned investors and those entering the market.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 40 X 108.6
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Ferguson St & Broughton Ave
  • Basement:Unfinished,Separate Entrance , Unfinished,Separate Entrance
  • Possession Date:
  • Annual Property taxes: $3987
  • Bedrooms:8
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12341036

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