3 Bedroom
3 Bathroom
1,880 ft2
Forced Air
$425,000
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. (id:50976)
Property Details
|
MLS® Number
|
40824891 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Park, Public Transit, Schools, Shopping |
|
Equipment Type
|
Furnace, Water Heater |
|
Parking Space Total
|
5 |
|
Rental Equipment Type
|
Furnace, Water Heater |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Total
|
3 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Constructed Date
|
1900 |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,880 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Land Amenities
|
Park, Public Transit, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
115 Ft |
|
Size Frontage
|
25 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
R2 |
https://www.realtor.ca/real-estate/29668621/4640-morrison-street-niagara-falls
