4118 Main ST Pending

Niagara Falls,ON L2G 6C3

$ 2900000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID X9419678

Annual Tax Amount $10,204

Tax Year 2024

Property Description

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.

Location

Province ON

County Niagara

Community Public Transit

Interior

Heating Yes

Cooling No

Exterior

Garage Spaces 29.0

Community Features Public Transit

Utilities Available Available

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