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$ 415,000
Est. payment /mo
Price Dropped by $10K
4640 Morrison ST Niagara Falls, ON L2E 2B7
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 210 - Downtown
MLS Listing ID X13055542
Style 2-Storey
Bedrooms 4
Annual Tax Amount $3,003
Tax Year 2025
Property Sub-Type Triplex
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.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room Yes
Basement Full, Unfinished
Kitchen 3
Interior
Interior Features Other
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Flat
Lot Frontage 25.0
Lot Depth 115.0
Total Parking Spaces 5
Building
Building Age 100+
Unit Features Park,Public Transit,School,School Bus Route
Foundation Poured Concrete
Others
Security Features Carbon Monoxide Detectors,Smoke Detector
ParcelsYN No
Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.