4394 Ellis Street, Niagara Falls, Ontario L2E 1H4

Listed for:
$599,900
5 beds
0 baths
Listed 4 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 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:27476)

Property Highlights

MLS® Number
X13663216
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:
X13663216
Agent:
Juan Jose Gutierrez Pineda
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