$549,900 FOR SALE

Investment

Lot: 50 x 152 ftTotal Area: 4,300 ft2
2023 Taxes: $1,089

179 Burgar St
Welland, ON L3B 2T3 | Niagara

The Ultimate BRRR Project. This Land is Approved to BUILD a 10-Unit Apartment Building. Modern & Efficient design boasting a potential 2500+ monthly CashFlow upon completion and lucrative net operating income (NOI) + 7 Parking spots. This turnkey project offers flexibility - build and sell for quick equity gains or hold for MASSIVE long-term cash flow. No market condition can dim its appeal. Inquire now for detailed floor plans and site elevations. Construction financing and exit CMHC financing is available. Priced to sell. You wont find a better deal for 10 units ready-to-build! Seller VTB available. Detailed financials and financing overview is available upon request.

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Listed By ROCK STAR REAL ESTATE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8166890
Last Updated Apr 15, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Category Apartment
PIN 641090193
Occupancy Vacant
Possession Date Immediate
Taxes (2023) $1,089
Tax Type Annual
Directions/Cross Streets Lincoln St.
Area Niagara
Price History
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Detailed Information
Freestanding Y
Lot 50 x 152 ft
Total Area 4,300 ft2
Air Conditioning N
Garage Type Outside/Surface
Heat Type None
Utilities A
Water None
Lot/Bldg/Unit Code Lot
Zoning NC, RL2
Seller Property Info Statement N

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