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 5.4% 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.
City: Niagara Falls
Located at 4553 Ferguson Street , this Niagara Falls house was listed for $875,000. It has 8 bedrooms and 4 bathrooms. The property includes the following rooms: . This property comes with 4 parking spots.
MLS#: undefined · $875,000 · 8 bedroom house in Niagara Falls