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4394 Ellis Street Niagara Falls, Ontario

$599,900
5 Beds

PROPERTY INFO

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:4555)

PROPERTY SPECS

Price $599,900
City Niagara Falls, Ontario
Bed 5
Address 4394 ELLIS Street
Listing ID X13663216
Square Footage 2693
Style Multi-Family
Parking 4.00
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Ownership Freehold Heating / Cooling Baseboard heaters Parking 4.00



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Windsor: 519-903-9355
Toronto: 905-220-7333
Office: 905-335-3042

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