4553 Ferguson Street, Niagara Falls, ON L2E 2Y7 (Ferguson St & Broughton Ave)

Price : $875,000.00 , MLS®# : X12452765

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 5.4% 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.

Location Description

Ferguson St & Broughton Ave

Property Details
  • Community: 210 - Downtown
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 8
  • Bath: 4
  • Garages: Detached
  • Annual Property Taxes : $ 3987
Building Features
  • Foundation Type: Concrete
  • Counstruction Material : Stucco (Plaster)
  • Total Parking Space : 4
  • Parking Type : Detached
Building Features
  • Heating : RadiantGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 40 sq.ft
  • Land Depth: 108.6sq.ft

Listing Contracted With: EXP REALTY