$739,900
Available - For Sale
Listing ID: X13208300
4394 ELLIS Street , Niagara Falls, L2E 1H4, Niagara
| If you're looking for a rock-solid addition to your portfolio, location is everything and this property delivers. Perfectly positioned within walking distance to Downtown, parks, and the best amenities Niagara Falls has to offer, this four-unit building is situated exactly where tenants want to be.The property is currently set up as one 2-bedroom and three 1-bedroom units, offering a versatile mix for the local rental market. Some of the heavy lifting is already done for you with three of the units being fully renovated, leaving the remaining two as a clean slate for you to finish and set your own market rents. Finely tuned for low-stress management, the building is separately metered so tenants pay their own gas and hydro, a huge win for your bottom line. With a newer roof, coin-operated laundry in a large lower level, and the potential to generate income, this is a straightforward "value-add" play. Whether you're looking to buy and hold or finish the remaining suites to maximize your ROI, this property offers the kind of location and upside that's becoming harder to find in the city. Secure a prime piece of Niagara's growth before someone else does. |
| Price | $739,900 |
| Taxes: | $4777.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 4394 ELLIS Street , Niagara Falls, L2E 1H4, Niagara |
| Postal Code: | L2E 1H4 |
| Province/State: | Niagara |
| Legal Description: | PT LT 83 PL 283 TOWN OF NIAGARA FALLS AS |
| Directions/Cross Streets: | On the corner of Ellis St and Ontario Ave. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2693.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 210 - Downtown |
| Tax: | $4,777 |
| Fireplace: | N |
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