4394 Ellis Street Niagara Falls, Ontario L2E 1H4

5 Bedroom 2,693 sqft
None Baseboard Heaters

$599,900

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:49203)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X13663216
Property Type Multi-family
Community Name 210 - Downtown
Amenities Near By Highway
Parking Space Total 4

Building

Bedrooms Total 5
Cooling Type None
Heating Type Baseboard Heaters
Size Exterior 2693 Sqft
Size Interior 2,693 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway
Size Depth 90 Ft
Size Frontage 50 Ft
Size Irregular Bldg=50 X 90 Ft
Size Total Text Bldg=50 X 90 Ft
Zoning Description R2

https://www.realtor.ca/real-estate/30142112/4394-ellis-street-niagara-falls-downtown-210-downtown

Contact Us

Contact us for more information

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Juan Jose Gutierrez Pineda
Salesperson

(905) 330-2258

Real Broker Ontario Ltd.
130 King St W Unit 1900b
Toronto, Ontario M5X 1E3

(888) 311-1172
(888) 311-1172
onereal.ca/

Dekker Team
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