Massive price reduction from $3.75M to $2.9M. 21 unit apartment building. Vacant. 10.4% cap rate based on conservative market rents. This building still requires cosmetics upgrades on 17 of the units and 4 units require full kitchen and bathrooms and drywall. The heavy lifting of electrical and plumbing have been done. If you are looking for add value building and a project to work on this is ideal. Located right across Welland River. (id:61015)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | X9419678 |
Property Type | Multi-family |
Neigbourhood | Chippawa |
Amenities Near By | Public Transit |
Parking Space Total | 29 |
Heating Fuel | Natural Gas |
Heating Type | Hot Water Radiator Heat |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Public Transit |
Size Depth | 165 Ft |
Size Frontage | 120 Ft |
Size Irregular | Bldg=120 X 165 Ft |
Size Total Text | Bldg=120 X 165 Ft |
Zoning Description | I, R1c, R2 |
https://www.realtor.ca/real-estate/27564459/4118-main-street-niagara-falls
Contact us for more information
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. 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. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman