4553 Ferguson Street, Niagara Falls, Ontario, L2E2Y7, Canada Fourplex real estate property for sale

4553 Ferguson Street

Niagara Falls, Ontario, L2E2Y7, Canada

This property might be sold, please contact us to verify.
Please do not visit without confirmation.

Approx. price(Nov 2021):

$799,900

Building type:	Fourplex
Storeys:	2
Land Size:	under 1/2 acre
Floor Space:	2685
Bathrooms:	4
Bedrooms:	8
Parking Type:	Detached Garage
Cooling:	None
Heating Type / Fuel:	Boiler, (Electric)
Basement / Features / Type:	/ / Full (Unfinished)
Exterior:	Other, Stucco
Water:	Municipal water

Property Description

Fourplex for sale in Niagara Falls located in 4553 Ferguson Street , Ontario, L2E2Y7, Canada. This Fourplex have 8 bedrooms and 4 bathrooms. . For all the rest of the information we have about this property in Niagara Falls , see above.

Welcome to 4553 Ferguson! This turn key 4plex has 4 2 bedroom units and is located minutes from Clifton Hill area and Great Wolf Lodge. 3/4 units currently occupied. Set your own rent for the vacant unit and continue to operate as an investment property or live in it while and collect rent on the remaining 3. Current rents are Unit 1: Vacant (Potential $1300), Unit 2: $940, Unit 3: $1100, Unit 4: $1150. In the future, all units have the possibility to increase to market rent. It is also possible to increase revenue with coin operated laundry and utilizing the separate hydro meters. *Assuming fully occupied (Approximate Gross rent of $53880 and Operating expense of $13830), the NOI is approximate $40050 which would give an approximate cap rate of 5%*