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Property at 4553 FERGUSON STREET image
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$899,500

4553 FERGUSON STREET
Niagara Falls, Ontario, Ontario, L2E2Y7

MLS® Number: X12341036
Listed 12 days ago
8 4

Property description

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.

Building information

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Fireplace Present

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Utility Water

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Land information

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Size Depth

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Size Frontage

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Courtesy of EXP REALTY

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