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4744 JEPSON STREET, Niagara Falls (Downtown) — listed at $449,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent investment opportunity in the heart of Niagara Falls! This two-storey duplex features two self-contained one-bedroom units, each with its own kitchen, living area and bathroom. Currently generating $3,400 in monthly rental income ($40,800 annually), with the main floor rented for $1,900 and the upper unit for $1,500. Recent improvements include updated flooring, kitchens and fresh paint. The property also features a full unfinished basement, private fenced backyard and driveway parking. Conveniently located near shopping, restaurants, public transit, entertainment and the Niagara Falls tourist district. An excellent opportunity to add an income-producing property to your investment portfolio! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 3.96 x 3.2833 meters |
| Living room | Main level | 3.76 x 3.33 meters |
| Dining room | Main level | 3.66 x 2.95 meters |
| Bedroom | Main level | 3.66 x 3.58 meters |
| Bathroom | Main level | 2 x 2 meters |
| Kitchen | Second level | 2.77 x 2.69 meters |
| Living room | Second level | 4.29 x 3 meters |
| Bedroom | Second level | 4.62 x 3.3 meters |
| Bathroom | Second level | 2 x 3 meters |
What's the parking situation?+
This property includes 2 spaces — No Garage.
Is there air conditioning?+
Yes — window air conditioner cooling is in place.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is 4744 JEPSON STREET a good fit for a growing family?+
With 3 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is this a good starter home?+
At $449,900, this is priced in starter-home territory for Niagara Falls (Downtown). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
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