About 4553 Ferguson Street
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 5.4% 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.
Features of 4553 Ferguson Street
| MLS® # | X12452765 |
|---|---|
| Price | $875,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 2,500 |
| Type | Residential Freehold |
| Sub-Type | Fourplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 4553 Ferguson Street |
|---|---|
| Area | Niagara |
| Subdivision | 210 - Downtown |
| City | Niagara Falls |
| Province | ON |
| Postal Code | L2E 2Y7 |
Amenities
| Parking Spaces | 6 |
|---|---|
| # of Garages | 2 |
| Garages | Detached |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Radiant |
|---|---|
| Cooling | None |
| Fireplace | Yes |
| Basement | Unfinished, Separate Entrance |
Exterior
| Exterior | Stucco (Plaster) |
|---|
Listing Details
| Office | EXP REALTY |
|---|