REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,900,000
Est. payment /mo
Active
4118 Main ST Niagara Falls, ON L2G 6C3
UPDATED:
12/11/2024 07:22 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9419678
Annual Tax Amount $10,204
Tax Year 2024
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Niagara
Area Niagara
Interior
Heating Yes
Cooling No
Exterior
Community Features Public Transit
Utilities Available Available
Lot Depth 165.0
Listed by MYSAK REALTY INC.