Purpose-built solid brick 12-unit apartment complex on a 111 X 208 parcel zoned INSH. lot provides the potential for adding future development on the site. The building is solid with high quality terrazzo floors throughout hallways. lots of areas to substantially improve income . 8x 2 bed units, 3 x 1 bed units, 1 x 3 bed unit. Location will appeal to many tenants with access to ample parking, on-site laundry, public transit, hospital and a variety of amenities all within walking distance. Tremendous opportunity for the long term investor
PT BLK D PL 574 AS IN RO749116 ; S/T RO108867 WELLAND
Occupancy
Tenant
Possession Date
Flexible
Taxes (2022)
$20,874
Maintenance Fees
$2,000
Assessment (2023)
$630,000
Directions/Cross Streets
PLYMOUTH TO THIRD ST
Neighbourhood
773 - Lincoln/Crowland
Area
Niagara
Price History
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Detailed Information
Lot
111 x 208 acres
Total Area
15,400 ft2
Approximate Age
51-99
Air Conditioning
None
Basement
Y
Garage Type
Detached
Parking Spaces
14
Heat Type
Baseboard
Net Income Before Debt
$92,300
Heat Expenses
$18,086
Insurance Expense
$7,898
Other Expenses
$6,200
Area Influences
Park, Public Transit
Sewers
Sewers
Water
Municipal
Zoning
INSH
Seller Property Info Statement
N
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