4640 Morrison Street, Niagara Falls, ON
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Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of 210 - Downtown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $415,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 25 x 115 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Other
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
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.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4640 Morrison Street, Niagara Falls, ON L2E 2B7
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Properties in this area are selling at a steady pace.
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