4927 Morrison Street
211 - Cherrywood, Niagara Falls, L2E 2C4
FOR SALE
$299,000
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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS8 + 2
ROOMSX12802530
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Property Description
Great Investment Opportunity! 2.5 Story, three-unit home on great lot. Property has great earning potential with 1 x 3 bedroom and 2 x 1 bedroom units. Long term tenants paying below market rent meaning lots of room for upside. Each unit is fully self contained and has separate hydro meters. Minutes to The Falls and the tourist area, schools, shops, restaurants, shopping and much more! Additional features include large porch in front and a generous deck in the back yard. Some TLC required, but functions well. The second floor unit consists of a very spacious loft. private backyard offers good space for tenants to enjoy the outdoors and plenty of parking as well. Don't miss this great investment!
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2018-03-09 | 2018-03-16 | 7 | $299,000 | $290,000 |
Property Features
Library, Place Of Worship, Public Transit, Rec./Commun.Centre, School, School Bus Route, None, Private Double
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Property Details
Address
4927 Morrison Street
Community
City
Postal Code
L2E 2C4
Property Type
Detached, Detached
Lot Size
38' x 77'
Acreage
2,893.9 Feet
Taxes
$2,623 (2025
Basement
Apartment
Exterior
Deck, Porch
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Re/Max Realtron Realty Inc.
Great Income Property, steps from Lundy's Lane, Clifton Hill, Shopping, Restaurants and more. This is a triplex in 2 separate structures on one property. The Main House is a 3 bedroom bungalow, large living area, laundry room/storage. The back of the property is a 2 story carriage house with two separate 1 bedroom units. Currently all 3 units are tenant occupied. All units are stand alone, have separate entrances and are separately metered. Large basement in main house (only accessed from the outside) offers great storage. The property also has a shared yard for owner/tenant to enjoy outdoor space.
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