4553 Ferguson St

For Sale New 2 Days
$875,000
8 beds
4 baths

4553 Ferguson St

For Sale New 2 Days
$875,000
8 beds
4 baths

Highlights

Key insights

Description

This well-maintained four-unit multi-family building in the heart of Niagara Falls offers a turnkey investment with strong in-place income. Fully tenanted at or near market rents, the property generates immediate cash flow with a 5.3% cap rate at the asking price. Each unit is separately metered for hydro, with tenants responsible for their own utilities, minimizing operating costs. Recent upgrades include a new boiler heating system installed two years ago and a flat roof just over ten years old, both contributing to reduced near-term capital expenditures. The owner has kept the building in good condition, refreshing units upon turnover to maintain quality and tenant appeal. Situated in a quiet neighbourhood, this asset combines low-maintenance operations with long-term value retention, making it an ideal opportunity for both seasoned investors and those entering the market. (id:63267)

ANDREW ODOARDI of EXP REALTY,
#X12452765
updated 2 days ago.
Houseful checked MLS® for data 2 days ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Radiant heat
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    4
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    8
Location
  • Subdivision
    210 - downtown
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12452765
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28968584/4553-ferguson-street-niagara-falls-downtown-210-downtown
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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