4394 ELLIS Street, Niagara Falls, ON L2E 1H4

Niagara Falls L2E 1H4 Ontario

MLS: X13663216

$599,900

Added 27 days ago | For Sale

Listed by: REAL BROKER ONTARIO LTD.

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 50 X 90
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:On the corner of Ellis St and Ontario Ave.
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $4777
  • Bedrooms:
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X13663216

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