8 Bedroom
5 Bathroom
3,500 - 5,000 ft2
Forced Air
$749,990
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:59911)
Property Details
MLS® Number
|
X12152072 |
Property Type
|
Multi-family |
Community Name
|
210 - Downtown |
Parking Space Total
|
6 |
Building
Bathroom Total
|
5 |
Bedrooms Above Ground
|
8 |
Bedrooms Total
|
8 |
Appliances
|
Stove, Refrigerator |
Basement Development
|
Unfinished |
Basement Type
|
Full (unfinished) |
Exterior Finish
|
Brick, Stucco |
Foundation Type
|
Poured Concrete |
Half Bath Total
|
1 |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
3,500 - 5,000 Ft2 |
Type
|
Other |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
20 Ft ,10 In |
Size Frontage
|
70 Ft ,2 In |
Size Irregular
|
70.2 X 20.9 Ft ; 76.73 Ft X 108.75 Ft X 70.16 Ft X 56.13 |
Size Total Text
|
70.2 X 20.9 Ft ; 76.73 Ft X 108.75 Ft X 70.16 Ft X 56.13 |