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Key Facts
Key facts for 4553 Ferguson Street
Property Type
Apartment, 2-Storey
Parking
Detached 2 garage, 4 parking
MLS #
X12452765
Size
2500-3000 sqft
Basement
Unfinished,Separate Entrance
Listed on
2025-10-07
Lot size
40 x 108.6
Tax
$3,987 /yr
Days on Market
2
Approximate Age
-
Maintenance Fee
-
Description
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 5.3% 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.
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