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$2,900,000
Available - For Sale
Listing ID: X9419678
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.
Price $2,900,000
Taxes: $10,204
Tax Type: Annual
Occupancy by: Vacant
Address: 4118 Main St , Niagara Falls, L2G 6C3, Ontario
Postal Code: L2G 6C3
Province/State: Ontario
Legal Description: LT 1 PL 256 VILLAGE OF CHIPPAWA; LT 2 PL
Lot Size: 120 x 165 (Feet)
Directions/Cross Streets: Stanley Ave/ Main Street
Zoning: I, R1C, R2
Category: Apartment
Use: Apts-Over 20 Units
Building Percentage: Y
Total Area: 0
Total Area Code:  Sq Ft
Area Influences: Public Transit  
Taxes Expense: $10204
Insurance Expense: $10204
 Hydro Expense:  $27500
Gross Income/Sales: $393600
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Heat Type: Gas Hot Water
Central Air Conditioning: N
Elevator Lift: None
Water: Municipal
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MYSAK REALTY INC.

4118 Main St , Niagara Falls, L2G 6C3, Ontario


 
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Type: Com - Investment
Area: Niagara
Municipality: Niagara Falls
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Lot Size: 120.00 x 165.00(Feet)
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Tax: $10,204
Maintenance Fee: $0
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