$3,900,000
Available - For Sale
Listing ID: X9419647
55 MCALPINE Ave South , Welland, L3B 1T7, Ontario
| 23 unit building built in 1993. Comprised of 8 x 1 Bed, 15 x 2 Bed. 6.2% cap rate with full expenses for Maintenance, Super, Vacancy and Management. Currently self managed. Significant upside on current rents. Tenants pay own hydro. 30 Parking Spots. Great location close to all amenities. |
| Price | $3,900,000 |
| Taxes: | $42296.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 55 MCALPINE Ave South , Welland, L3B 1T7, Ontario |
| Postal Code: | L3B 1T7 |
| Province/State: | Ontario |
| Legal Description: | PLAN 40,LOT815-LOT818,LOT996 TO LOT 998, |
| Lot Size: | 90.00 x 238.00 (Feet) |
| Directions/Cross Streets: | Near: EAST MAIN ST |
| Category: | Apartment |
| Use: | Apts-Over 20 Units |
| Building Percentage: | Y |
| Total Area: | 0.58 |
| Total Area Code: | Acres |
| Taxes Expense: | $42296 |
| Insurance Expense: | $9710 |
| Hydro Expense: | $8335 |
| Water Expense: | $18137 |
| Gross Income/Sales: | $363024 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Heat Type: | Baseboard |
| Central Air Conditioning: | N |
| Water: | Municipal |
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| MYSAK REALTY INC. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Welland |
| Lot Size: | 90.00 x 238.00(Feet) |
| Tax: | $42,296 |
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