$2,900,000

Investment For Sale In Chippawa / Rural, Niagara Falls, Ontario

$2,900,000

Property Information:

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. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 165.0 Feet
  • Lot Frontage: 120.0 Feet
  • Lot Size: Bldg=120 x 165 FT
  • Zoning: I, R1C, R2
  • No. of Parking Spaces: 29

Courtesy of: MYSAK REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.