$2,900,000
Available - For Sale
Listing ID: X9419678
4118 Main St , Niagara Falls, L2G 6C3, Ontario
| 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: | $10204.00 |
| 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: | 120.00 x 165.00 (Feet) |
| Directions/Cross Streets: | Stanley Ave/ Main Street |
| Category: | Apartment |
| Use: | Apts-Over 20 Units |
| Building Percentage: | Y |
| Total Area: | 0.00 |
| 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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| MYSAK REALTY INC. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Lot Size: | 120.00 x 165.00(Feet) |
| Tax: | $10,204 |
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