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4118 Main St

21 Unit Block of Flats £1,605,543 (£76,454/Unit) 10.40% Net Initial Yield 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.

Attachments

Main Street Sale

Property Facts

Price £1,605,543
Price Per Unit £76,454
Sale Type Investment
Net Initial Yield 10.40%
No. Units 21
Property Type Residential
Property Subtype Apartment
Building Class C
Lot Size 0.45 AC
Building Size 11,050 SF
Number of Floors 2
Year Built 1962

zoning

Zoning Code I (Institutional)
I (Institutional)
  • Listing ID: 33273675

  • Date on Market: 23/09/2024

  • Last Updated:

  • Address: 4118 Main St, Niagara Falls, ON L2G 6C3

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