Quick Summary
Quick Summary
- Massive price reduction from $3.75M to $2.9M
- 21 unit apartment building
- Vacant with 10.4% cap rate
- 17 units need cosmetic upgrades
- 4 units require full renovations
- Electrical and plumbing work completed
- Ideal for add value project
- Located across Welland River
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... Show More
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:54626)
Property Details
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For Sale Nearby
Sold Nearby
- 700 - 1,100 Sq. Ft.
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 4
- 2
- 3
- 2
- 3
- 2
- 3
- 2
- 3
- 2
- 3
- 4
- 2,000 - 2,500 Sq. Ft.
- 5
- 4
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