4640 MORRISON Street, Niagara Falls, Ontario, L2E2B7
MLS: 40824891 | Triplex (Freehold)
$415,000
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. (id:64974)
Quick Facts
- Property Type: Triplex (Freehold)
- Bedrooms: 3
- Bathrooms: 3
- Living Area: 1,880 sq ft (174.7 m²)
- Above Grade: 1,880 sq ft (174.7 m²)
- Year Built: 1900
- Ownership: Freehold
- Attached: Yes
- Parking: 5.0 spaces
- Frontage: 25 ft (7.6 m)
Costs
- Annual Taxes: $3,003.16
Listing Provided by: RE/MAX Escarpment Golfi Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Basement: Unfinished, Full
Exterior & Construction
- Exterior: Brick
- Foundation: Poured Concrete
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 25 ft (7.6 m)
- Zoning: R2
Community & Neighbourhood
- Subdivision: 210 - Downtown
Listing Information
Listing History
MLS listing activity for 4640 MORRISON Street, Niagara Falls, Ontario, L2E2B7 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Neighborhood Walkability
Mortgage & Cost Calculators
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4640 MORRISON Street, Niagara Falls, Ontario, L2E2B7