Description
SELLER WILLING TO HOLD A SMALL VENDOR TAKE BACK Impressive Cashflow investment opportunity offered at 5.5% Cap Rate. Located in downtown Welland, this Legal multiplex with 7 apartments contains 3 two-bedroom and 4 one-bedroom units with the majority of the units renovated. Offering 6 parking spots and much more. This turn-key multiplex wont last long. Extensive renovations include roof replacement in 2019, most Windows and entrance doors replaced, Upgraded Electrical and fire alarms, major plumbing upgrades, main water line, and new meter upgrade, 3 new furnaces, 2 new A/C units, legal conversion of 2 commercial units to residential units along with additional renovations to the majority of units. (id:11644)
Listing Contracted With: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERA
Property Details
- Bedroom: 10
- Bathroom: 7
- Property Type: Multi-family
- Construction Style: Detached
- Building Type: N/A
- Ownership Type: Freehold
- Postal Code: L3B3L3
- Storey(s): 2
- Maintenance Fee: N/A
- Basement: Full (Unfinished)
- Neighbourhood: N/A
- Total Area: N/A
