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$599,900

5 Beds 0 Baths 2,693 SQFT 0.00 Acres
Type: Multi-Family

4394 ELLIS STREET
Niagara Falls (Downtown), ON L2E1H4

MLS#: X13663216
Rosalind Nicholas
Rosalind Nicholas
Condo Digs
Sales Representative
Phone: 416.918.1972
Office: 416.203.6636
Presented by: REAL BROKER ONTARIO LTD.

Property Description

 

If you are looking to scale your portfolio with a highly efficient, hands-off asset, this prime four-unit building in Niagara Falls is engineered for immediate performance. Perfectly positioned within walking distance to Downtown, local parks, and premier amenities, the property is situated exactly where high-quality tenants want to be. Comprising one spacious two-bedroom and three one-bedroom units, the building offers a versatile and highly rentable mix tailored to the local market.This investment perfectly balances immediate cash flow with an effortless value-add play: three of the units are already fully renovated and tenant-ready, leaving just one remaining unit as a clean slate for you to finish, customize, and set your own premium market rent. Designed for low-touch, highly profitable management, the building is fully split-metered so tenants pay their own gas and hydro directly, shielding your bottom line from utility fluctuations. With a newer roof minimizing near-term capital expenditures and coin-operated laundry in the large lower level providing an effortless secondary income stream, this is a rare, straightforward buy-and-hold opportunity. Secure this high-upside, cash-flowing piece of Niagara's growth before the market reacts. (id:7434)


 

Interior Features

Bedrooms

Bedrooms5

Other Interior Features

Building Fireplace PresentFalse
Building Heating TypeBaseboard heaters
Living Area Range2,693 sqft

General

AmenitiesHighway
Building Cooling TypeNone
Building TypeMulti-Family
Business Sub TypeApartments
Business TypeResidential
CommunityName210 - Downtown
Location DescriptionOn the corner of Ellis St and Ontario Ave.
Parking Space Total4
Property TypeMulti-family
Zoning DescriptionR2

Exterior

Land AmenitiesHighway

Additional Details

  

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$599,900

5 Beds 0 Baths 2,693 SQFT 0.00 Acres
Type: Multi-Family

4394 ELLIS STREET
Niagara Falls (Downtown), ON L2E1H4

MLS#: X13663216
Rosalind Nicholas
Rosalind Nicholas
Condo Digs
Sales Representative
Phone: 416.918.1972
Office: 416.203.6636
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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