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$2,900,000
Status: OFF MARKET
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X9419678 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :11 Dec, 2024 (422 Days ago) |
| Source | :TRREB |
| Area | :Niagara |
|---|---|
| Postal Code | :
L2G 6C3
|
| Price | : $2,900,000 |
|---|---|
| Property Taxes | :$10204.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Stanley Ave/ Main Street |
|---|
21 Oct, 2024
TREB #X9419678
Available
$2900000.0
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