4640 Morrison Street, Niagara
4640 Morrison Street in Niagara - 4 bedroom, 3 bathroom. Sold for $415,000. Listed at $415,000.
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.
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 1750 sqft
- Basement: Full
- Heating: Gas
- Cooling: Window Unit(s)
- Parking: 5 spaces
- Property Taxes: $3,003/yr
- Neighbourhood: 210 - Downtown
- Postal Code: L2E 2B7
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