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. Listing agent will be showing the building Saturday the 26th from 10am to Noon. Please confirm attendance. (id:50947)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X9419678 |
| Property Type | Multi-family |
| 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
Joe Mysak
Broker of Record
(416) 767-5500
(416) 760-7878
www.mysakrealty.com
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The Reitzels
Keller Williams Innovation
640 Riverbend Drive
Kitchener, ON N2K 3S2
Phone: 519-570-6299 or
519-570-4447
Email: info@TheReitzels.com
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