4394 Ellis Street, Niagara Falls (Downtown), Ontario

$599,900

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5

Beds

2,693

Square feet

About 4394 Ellis Street

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:6289)

More Info on this 210 - Downtown Multi-Family MLS® listing

4394 Ellis Street is a multi-family listing for sale in Niagara Falls (Downtown). The MLS® number is X13663216. It features 5 bedrooms and covers 2,693 square feet. It's currently listed for $599,900. For more details on MLS® X13663216, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in 210 - Downtown is available now!

Selling your 210 - Downtown Multi-Family property?

Have a similar home to 4394 Ellis Street? If you’re thinking about selling your 210 - Downtown multi-family property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Niagara Falls (Downtown) property.

Features of 4394 Ellis Street

Listing # X13663216
Price $599,900
Bedrooms 5
Square Footage 2,693
Type Multi-family
Sub-Type Multi-Family

Community Information

Address 4394 Ellis Street
Area 210 - Downtown
Subdivision 210 - Downtown
City Niagara Falls (Downtown)
Province Ontario
Postal Code L2E1H4

Amenities

Parking Spaces 4
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=50 x 90 FT

Additional Information

Zoning R2

Listing Details

OfficeREAL BROKER ONTARIO LTD.

Listing Map

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