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$749,990
Est. payment /mo
8 Beds
5 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $214
Subdivision 210 - Downtown
MLS® Listing ID X12152072
Bedrooms 8
Half Baths 1
Source Toronto Regional Real Estate Board
Property Description
Exceptional Investment Opportunity in the Heart of Niagara Falls! Welcome to 4727-4729 Ferguson Street a versatile and income-generating property offering a rare combination of residential and potential commercial use. Situated on a generous lot, this unique setup features a fourplex alongside an attached single-family home complete with a double car garage, making it an ideal opportunity for investors or multi-generational living. The fourplex consists of four separate units, one of which is currently operating as a storefront. Zoned residential, this unit can be easily converted into a residential apartment, with a full bathroom already in place providing added flexibility and future rental income potential. All other units are tenanted, offering immediate revenue, while the storefront unit will be vacant upon possession, allowing for a smooth transition or renovation. The attached home is heated by a forced air furnace and includes central air conditioning for year-round comfort. The fourplex units are heated with water boilers and radiators, delivering efficient and consistent warmth throughout. Several units have been recently renovated, enhancing their appeal and overall rental value. The roof is approximately seven years old, offering peace of mind and reduced maintenance costs. Located in a prime area near downtown Niagara Falls, public transit, and essential amenities, this property presents a compelling opportunity for steady cash flow and long-term appreciation. Whether you're expanding your real estate portfolio or seeking a multi-unit property with strong upside, 4727-4729 Ferguson Street is a must-see. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 2.46 m X 2.01 m Dining room
Extra Room 2 Second level 1.22 m X 0.71 m Bathroom
Extra Room 3 Second level 2.72 m X 3.76 m Bedroom
Extra Room 4 Second level 2.74 m X 3.76 m Bedroom
Extra Room 5 Second level 2.84 m X 4.85 m Living room
Extra Room 6 Second level 2.16 m X 3.17 m Kitchen
Interior
Heating Forced air
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Sanitary sewer