$ 875,000
-
$875,000
Price -
8
Bed -
4
Bath -
2,500
SqFt
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About the Listing 285400 -
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.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Separate Entrance
- Other:
- Water:
Exterior Details
- Garage Capacity: 2 car
- Roof: Flat
- Others:
- Sewer: Sewer
- Parking Features: Detached
Financial Details
- Tax Amount: $3,987
- Taxes w/Assessments: N/A
- Tax/Property ID: 643260112
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
4553 Ferguson St Niagara Falls, ON L2E 2Y7
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