$ 2,900,000
4118 Main ST Niagara Falls, ON L2G 6C3
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$ 2,900,000
Est. payment | /mo
$ 2,900,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID X9419678
Annual Tax Amount $10,204
Tax Year 2024
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
Community Public Transit
Interior
Heating Yes
Cooling No
Exterior
Garage Spaces 29.0
Community Features Public Transit
Utilities Available Available
Listed by MYSAK REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "