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$999,900
4 Days On Site

4933 JEPSON Street
Niagara Falls, ON L2E1J9

For Sale|Multi Family|Active
5
Beds
5
Full Baths
0
Partial Baths
2,314
SqFt
$432
/SqFt
1920
Built
Subdivision:
212 - Morrison
County:
Call Now: (289) 969-6243
Is this the home for you? We can help make it yours.
(289) 969-6243
4933 JEPSON Street4933 JEPSON Street4933 JEPSON Street4933 JEPSON Street
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Monthly Payment (Est.)

$4,562
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

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:31684)

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Listing Snapshot
Price 
$999,900
Days On Site 
4 Days
Bedrooms 
5
Inside Area (SqFt) 
2,314 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.105 Acres
Year Built 
1920
MLS® Number 
40694944
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Acres 
0.105
Parking Spaces 
5
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
2314
Interior Features
Cooling 
None
Heating 
Radiant
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Exterior Features
Frontage 
45 ft

Listing courtesy of: Rob Golfi of RE/MAX Escarpment Golfi Realty Inc.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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