Size
-
Lot size
292.64 sqm
Street frontage
E
Possession
Flexible
Price per sqm
$2,151 - $2,683
Taxes
$4,533.55 (2023)
Parking Type
-
Style
2-Storey
See what's nearby
Description
Unique Investment opportunity with this legal Multi-Unit (4) located directly on the Welland River! *VACANT POSSESSION OF ALL 4 UNITS* Possibilities are endless with this 4 unit property consisting of 1 - 3 bedroom unit, 2 - 1 bedroom units, and a Bachelor unit. Separate hydro meters for unit 3 & 4, and shared hydro meter for unit 1 & 2. Walk out Entrance from Lower LeveL Flat Roof replaced in 2013. Heated by efficient boiler system. Building does need extensive work (update interior finishes throughout) to get current market rent values which are estimated at approximately $1800/month + hydro for 3 bed, $1600/month + hydro for each - 2 bedroom units, $750/month + hydro for Bachelor unit giving it a potential total gross rent of $5750/month or $69,000/yr!
EXTRAS:
EXTRAS:
Broker: REVEL REALTY INC.
MLS®#: X8314396
Property details
Parking:
6
Parking type:
-
Property type:
Fourplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
186-232 sqm
Lot front:
13.72 M
Lot depth:
21.34 M
Listed on:
May 7, 2024
Show all details
Create an account
Create an account
Create an account