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.
MLS# | X9419678 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 92 |
Listing Provided By | MYSAK REALTY INC. | Not Provided |
State | ON |
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County | Niagara |
City | Niagara Falls |
Zip Code | L2G 6C3 |
Listing VS Median (in L2G 6C3) | |
Price: $2,900,000 low | high Med: $0 On Site: 92 low | high Med: |