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:36535)

Features of 4394 Ellis Street

Listing # X13663216
Price $599,900
Bedrooms 5
Bathrooms 0.00
Square Footage 2,693
Acres 0.00
Type Multi-family

Community Information

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

Amenities

Amenities Highway
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

Listing Details

OfficeCourtesy Of REAL BROKER ONTARIO LTD.

Listing Map