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$XXX,XXX
Status: OFF MARKET
Turn key money maker !!! - Solid and meticulously kept 5 Unit building located in fabulous neighbourhood close to park, public transit & shops + quick & convenient highway access. Fully occupied w/ NOI of $52,799.86 / year with great upside for future Rents. (Unit#1 (2 Bdrm ) - $1444.66, Unit #2 (1 Bdrm) - $666.84, Unit #3 (1 Bdrm) $896.87, Unit #4 (1 Bdrm) $1230, Unit #5 (1 Bdrm) - $1275. Units are super clean - building has newer 40yr roof (2018), updated furnace (2021) , updated copper & ABS plumbing & electrical + windows replaced (2019). Freshly painted stucco exterior + Updates within the units include : 4 of the 5 units have new vinyl plank floors, 2 have new kitchens. All units have excellent layouts + street parking permitted.
Property Type | :Residential Income |
MLS Number | :40565359 |
Listing Type | :Sale |
Property Age | :51-99 Years years |
Possession Date | : |
Last Updated | :03 Apr, 2024 (178 Days ago) |
Source | :Niagara |
Area | :Niagara |
City | :Welland |
Area Major | :Welland |
Area Minor | :773 - Lincoln/Crowland |
Postal Code | : L3B 1L8 |
Directions | :MAIN STREET TO LYONS AVENUE |
Price | : $799,900 |
Property Taxes | :$3294 |
Tax Year | :2022 |
Bedrooms | :6 + |
Air Conditioning | :Central Air |
Heating | :Forced Air |
Place of Worship | :No |
Bathrooms | :5 |
Approx Square Footage | :2950 sqft |
Parking Space | :3 |
Basement | :Separate Entrance |
Park | :Park |
03 Apr, 2024
TREB #40565359
Listed
$799900