$1,699,000

Investment For Sale In Chippawa Park Area, Welland, Ontario

$1,699,000

Property Information:

Going in cap of 6.2% which includes estimates for super, prop mang, vacancy and R&M. 11 unit building comprised of all 2 Bed units. $154k/door. ROI with 20% down aprox 14.6%. Roof 2017. Sep hydro meters. Space for an additional 12th unit. Upside on full rent roll. Large lot ample parking. Perfect rental location to attract great tenants. Close to all amenities. All due diligence material is available in data room upon request. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 135.0 Feet
  • Lot Frontage: 132.0 Feet
  • Lot Size: 132 x 135 FT
  • Zoning: RL1, RM

Courtesy of: MYSAK REALTY INC.

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

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