4118 Main St
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4118 Main St
21 Unit Apartment Building $2,900,000 CAD ($138,095 CAD/Unit) 10.40% Cap Rate Niagara Falls, ON L2G 6C3
Investment Highlights
- Ample parking
- Retail amenities nearby
- Access to public transit and highway
- Natural light exposure
Executive Summary
The building does require final touches before renting. 4 units need kitchens and bathrooms. All heavy lifting has been done for electrical and plumbing. Parking lot needs to be resurfaced. Excellent rental location as the building is located across from Welland River. Close to all amenities.
Property Facts
Price | $2,900,000 CAD | Property Subtype | Apartment |
Price Per Unit | $138,095 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.45 AC |
Cap Rate | 10.40% | Building Size | 11,050 SF |
No. Units | 21 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1962 |
Price | $2,900,000 CAD |
Price Per Unit | $138,095 CAD |
Sale Type | Investment |
Cap Rate | 10.40% |
No. Units | 21 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.45 AC |
Building Size | 11,050 SF |
No. Stories | 2 |
Year Built | 1962 |
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zoning
Zoning Code | I (Institutional) |
I (Institutional) |
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4118 Main St
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