$1,100,000

9 Albert Street

Welland ON, L3B 4G1

Description

** 9 + 13 Albert St Must Be Purchased Together ** Approx 4,044 Sq Feet 2 Storey Legal Rooming House. 19 Rooms, 1st Floor 8 Bdrms, 1X4, 1X 2 Shower Stalls, 1X2, 1 Kitchen, 1X3 + 2nd Floor 11 Rooms, 1X2, 1 Kitchen, 1X4. Great Set Up For Student Housing Or Long Term Lodging By The Bus Route. 2019 (Windows, Doors, Many Newer Renovation / Improvement Thru Out), Gross Income About $10,000 / Month Or $120,000/Year. Total Expenses: Property Tax + Utilities + Maintenance Etc Estimated $20,000. Rental (Boiler, Hwt). *** Unit #17, 18, 19 is a self contained three bedrooms + Balcony with 1 X 4 Piece washroom, 1 kitchen, Excellent for Owner family private suite *** Up To 70% Vtb 1st Mortgage Or Assume Existing 1st Mortgage About $324,000 @ 2% For 8 Years + Up To 50% Vtb 2nd Mortgage. *** Property In "As Is-Where Is Condition". No Warranty From Seller/Agents.Buyer To Perform Own Due Diligence. ***No Survey Available *** Welland Is A Growing Town Over 52,000 People Population With Welland Canal, Niagara College, Seaway Mall, Conservation Area, Merritt Island, 3 Golf Courses Etc. 20 Minutes To Niagara Falls, St Catharines And Port Colborne.

Details

MLS#40011472
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site65

Features

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Area Information
ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 4G1
Area7 - Welland
Listing VS Median (in L3B 4G1)
Price:
$1,100,000
low | high
Med:
$750,000
81.818181818182% of Average
On Site:
65
low | high
Med:
65
100% of Average
Listing Updated: 10/27/2020
Albert Lai LogoMLS Number: 40011472
Listing Provided By:
Albert Lai  of  RE MAX REALTY SPECIALISTS INC.(ST)
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