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X5203758
$2,200,000

9 Albert St (King Street And Lincoln Street)

Price: $2,200,000

Status: For Sale 

MLS®#: X5203758

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$2,200,000
  • Tax: $2,080.25/Annual (2020)
  • City:Welland
  • Type:Commercial
  • Style:Investment
  • Bath:6
  • Size: 4,044 Sq Ft
  • Basement:Y
  • Age:100+ Years Old

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsMunicipal

Listing Contracted With: RE/MAX REALTY SPECIALISTS INC., BROKERAGE

Description

Up To 75% Vtb 1st Mortgage Available. Approx 4,044 Sq Feet 2 Storey Legal Rooming House.19 Rooms, 1st Flr:8 Bdrms,1X4,1X 2 Shower Stalls,1 Kitchen,1X2,1X3 + 2nd Flr 11 Rms,1 Kitchen,1X2,1X4. 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 $11,000/Mth Or $132,000/Yr. Total Expenses:Property Tax+Utilities+Maintenance Etc Estimated $20,000.Rental(Boiler, Hwt)


Highlights

**2nd Flr Unit #17,18,19 Is Self Contained Three Bedrooms + Great For Owner Family ** Property In "As Is-Where Is Condition". No Warranty From Seller/Agents. Buyer To Perform Own Due Diligence. No Survey. 8 Minutes Drive To Niagara College

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’

Joe Battaglia

Broker

RE/MAX Realty Specialists Inc., Brokerage

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