4394 ELLIS STREET

Key facts

• Property type: Multi-family
• Transaction: For Sale
• Price: $739,900
• Bedrooms: 5
• Interior size: 2,693 sqft
• Lot size: Bldg=50 x 90 FT
• Parking: 4
• Listing key: 29818274

Listing overview

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 "val...