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Caroline Marshall

carolinesellsmuskoka@gmail.com +1(705) 388-1792

$ 415,000

Est. payment -/mo

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Price Dropped by $10K

4640 Morrison Street Niagara Falls, ON L2E 2B7

3 Beds

3 Baths

1,880 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,880 sqft

Price per Sqft $220

MLS Listing ID 40824891

Bedrooms 3

Abv Grd Liv Area 1,880

Year Built 1900

Annual Tax Amount $3,003

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Turnkey triplex offering three self-contained units in a solid Niagara Falls location, generating approximately $3,400/month in rental income. Ideal for investors or those looking to live in one unit while offsetting costs, the property features a functional layout with two main floor units and a spacious upper unit, each with separate living spaces and good natural light. Key updates include a flat rubber roof (2017), new eaves with gutter guards (2019), updated plumbing and toilets (2022), and new basement stairs (2023). Unit improvements include a new fridge and stove in Unit 2 (2023) and a new fridge in Unit 3 (2023). Additional updates include refreshed sod (2020) and consistent maintenance throughout. Operating costs are manageable with water approximately $200/month and gas averaging $208 in winter and $140 in summer. Furnace and hot water tank are rentals. A solid, income-producing property with major updates already completed.

Location

Province ON

County Niagara

Area Niagara Falls

Zoning R2

Direction Victoria - Morrison

Rooms

Basement Full, Unfinished

Kitchen 0

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Cooling Other

Fireplace No

Appliance Refrigerator, Stove

Laundry Common Area

Exterior

Roof Type Flat

Lot Frontage 25.0

Lot Depth 115.0

Garage No

Building

Lot Description Rectangular, Park, Public Parking, Public Transit, Schools, Shopping Nearby

Faces Victoria - Morrison

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 643360102

Ownership Freehold/None

Listed by RE/MAX Escarpment Golfi Realty Inc.

NEARBY SCHOOLS & PROPERTIES

Caroline Marshall

+1(705) 388-1792

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