4553 Ferguson ST new Save Request In-Person Tour Request Virtual Tour
Niagara Falls,ON L2E 2Y7
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 210 - Downtown
MLS Listing ID X12341036
Style 2-Storey
Bedrooms 8
Annual Tax Amount $3,987
Tax Year 2025
Property Sub-Type Fourplex
Property 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.
Location
Province ON
County Niagara
Community 210 - Downtown
Area Niagara
Rooms
Family Room Yes
Kitchen 4
Interior
Cooling None
Exterior
Garage Spaces 2.0
Pool None
Roof Type Flat
Building
Foundation Concrete