4394 Ellis Street, Niagara Falls, Ontario L2E 1H4

Listed for:
$739,900
5 beds
0 baths
Listed 33 days ago
Multi-Family for rent: 4394 Ellis Street, Niagara Falls, Ontario L2E 1H4

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About

On the corner of Ellis St and Ontario Ave. 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. (id:27476)

Property Highlights

MLS® Number
X13208300
Type
Multi-family
Community Name
210 - Downtown
Land Size
Bldg=50 x 90 FT
Parking Space Total
4

Building

Building Type
Multi-Family
Square Footage
2693 sqft
Bedrooms Total
5
Amenities
Highway
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
REAL BROKER ONTARIO LTD.
MLS® number:
X13208300
Agent:
Juan Jose Gutierrez Pineda
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