4278 MORRISON STREET

Property Description

House for sale in Niagara Falls located in 4278 MORRISON STREET , Ontario, L2E2A9, Canada. This House have 4 bedrooms and 3 bathrooms. This property listing building style is Detached-2 Level. For all the rest of the information we have about this property in Niagara Falls , see above.

This legal duplex (with a large inlaw suite) was built in 1885 and lies diagonal to a green space and the torch (nature) trail. The house is 3 blocks from the new (in progress) go station, 2 blocks from the queen street downtown arts and culture district, and 1 block from the gorge (river side). from this property you can see the united states on the other side of this natural wonder. 3 entrances for the 3 units, separate entrance for the laundry room/basement and 3 parking spots. 2x 100 amp fuse panels for the upstairs and downstairs, 2 separate water tanks, central air for the upstairs only and a fire coded sprinkler system in the basement. The roof was replaced in 2014. Extremely profitable property. The 2018 short term rental gross income proved $77, 391.19 and $68, 811.15 in 2019 (this doesnt include other invoiced income outside of our primary online rental platform). R2 zoning includes the rare/ special provision 19.1.2 that gives this property the ability to achieve a legal bed-and-breakfast license if so desired. With over 2000 sqf of living space. there are 2 indoor porches equalling 44.72 ft., an 1176 ft. dry basement with a ceiling height that ranges between 5.5 -6.5 clearance. There's also a 480 ft. partially finished attic with pull down stairs for even more dry storage (5 at its peak). This attic could transform into a very comfortable living space. The present owner has planted well over 85 trees, bushes and plants on this property over the last 5 years and there's plenty of room for 3 private areas on the property for any and all future inhabitants . Lastly, these units are intentionally themed retro. A substantial monetary investment was made for top interior decorators who spent a great deal of time to stylize these units to look the way they look, thus creating the unique and profitable situation that they currently have, furthermore, the owner is willing to negotiate selling the house furnished to preserve it's current aesthetics.