Realestate

Property Details

1 of 15
$425,000
4640 Morrison Street, Niagara Falls, ON L2E 2B7
4
3
MLS®X13055542
Property Type
Residential Freehold
Sub Type
Triplex
Heating
Forced Air
Cooling
Window Unit(s)
Lot Size
115 x 25 Feet
Approx Age
100+
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.
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