9 Albert St, Welland, L3B 4G1

Commercial - Investment For Sale

$850,000

Beds
5Baths
2,812Sqft
Built
MLS® #: X4523959
A

Tour By Appointment 2-2:30 Pm Sat Oct 19th. Up To 70% Vtb 1st Mortgage Or Assume Existing 1st Mortgage About $324,000 @ 2% For 10 Years+Up To 50% Vtb 2nd Mortgage * Legal Rooming House.19 Bed Rooms,Potential Gross Income About $9,500/Month Or $114,000/Year.Total Expenses Property Tax+Utilities+Maintenance Etc Estimated $20,000/Year.1st Floor 7 Rooms+1X4 Piece+2 Shower Stall+1X2 Piece+1 Kitchen.2nd Floor 12 Rooms+1X4 Piece+1 Shower Stall+1X2 Piece+1 Kitchen

Essential Information

MLS® #: X4523959
Price: $850,000
Bathrooms: 5.00
Square Footage: 2,812
Type: Commercial
Sub-Type: Investment
Status: A

Community Information

Address: 9 Albert St
Area: Niagara
City: Welland
Province: Ontario
Postal Code: L3B 4G1

Amenities

Utilities: A
Features: Property Needs Work. New Windows + New Doors Being Installed. Half Basement Finished With Breaker Circuit Panel, Boiler, Hwt(Rental), Property In "As Is-Where Is Condition". No Warranty From Seller/Agents.Buyer To Perform Own Due Diligence.
Parking Spaces: 1
Garages: None

Interior

Heating: Gas Forced Air Open
Has Basement: Yes

Exterior

Lot Description: 36.96x76.25 Feet

Additional Information

Zoning: Res Rm3

Listing Details

Listing Office: RE/MAX REALTY SPECIALISTS INC., BROKERAGE

Financials

$/SqFt: $302

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RE/MAX REALTY SPECIALISTS INC., BROKERAGE

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