Niagara Falls, ON L2E1J9 4933 JEPSON Street

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Presented By: RE/MAX Escarpment Golfi Realty Inc.
  • MLS# 40694944
  • 02/03/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 5
  • SQFT • 2,314

Home Details

Legal 5-Unit Multiplex in Prime Niagara Falls Location – Exceptional investment opportunity in the heart of Niagara Falls. This legal five-unit multiplex is fully tenanted with five A+ tenants, offering stable rental income and hassle-free management. All five units are above grade, providing bright and spacious living spaces that attract quality tenants. The property consists of three one-bedroom units, one studio unit, and one two-bedroom unit, catering to a diverse range of renters. Financials have been carefully accounted for, with expenses including a 5% vacancy rate and a 5% maintenance cost, ensuring accurate and realistic projections. Additional revenue is generated from Coinamatic laundry, which is fully equipped and operates on a set schedule for tenants' convenience. This multiplex is fully fire compliant, featuring a steel fire escape for added safety. The building has been professionally managed and well maintained, ensuring smooth operations with minimal expenses. Tenants benefit from inclusive utilities, making this an attractive rental option with strong occupancy rates. Driveway parking is available for tenants with vehicles, adding further convenience and value to the property. Located in a high-demand area, the property is within close proximity to public transit, shopping, dining, entertainment, and major Niagara Falls attractions. With legal status, strong income, low vacancy, and minimal maintenance requirements, this is an outstanding addition to any real estate portfolio. Don’t miss this rare opportunity. (id:7434)
Presented By: RE/MAX Escarpment Golfi Realty Inc.

Interior Features for 4933 JEPSON Street

Other Interior Features

Basement DevelopmentUnfinished
Basement TypeFull (Unfinished)
Building Fireplace PresentFalse
Building Heating TypeRadiant heat

General for 4933 JEPSON Street

AmenitiesGolf Nearby, Hospital, Park, Place of Worship, Playground, Schools
Building Cooling TypeNone
Building.StoriesTotal2.5
Community FeaturesQuiet Area, Community Centre, School Bus
FeaturesPaved driveway, Laundry- Coin operated
Foundation TypeStone
Location DescriptionVictoria Ave to Jepson St
Ownership TypeFreehold
Parking Space Total5
Property TypeMulti-family
Zoning DescriptionRES

Exterior for 4933 JEPSON Street

Exterior FinishVinyl siding
Land Amenities Golf Nearby, Hospital, Park, Place of Worship, Playground, Schools
SewerMunicipal sewage system
StructureShed, Porch

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.
Price $899,900
MLS#40694944
List Date 02/03/2025
Property Type Multi-Family
Phone 289.816.2923
Request Tour
Request Info
Visit My Website

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