Deepak Sharma
Broker
Remax Royal Properties Realty Brokerage, Brokerage
Independently owned and operated.
7595 Markham Rd #19 , Markham, Ontario L3S0B6
Cell: 647-229-0670Office: 905-554-0101
$3,900,000
Available - For Sale
Listing ID: X9419647
55 MCALPINE Ave South , Welland, L3B 1T7, Ontario
| 23 unit building built in 1993. Comprised of 8 x 1 Bed, 15 x 2 Bed. 6.2% cap rate with full expenses for Maintenance, Super, Vacancy and Management. Currently self managed. Significant upside on current rents. Tenants pay own hydro. 30 Parking Spots. Great location close to all amenities. |
| Price | $3,900,000 |
| Taxes: | $42296.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 55 MCALPINE Ave South , Welland, L3B 1T7, Ontario |
| Postal Code: | L3B 1T7 |
| Province/State: | Ontario |
| Legal Description: | PLAN 40,LOT815-LOT818,LOT996 TO LOT 998, |
| Lot Size: | 90.00 x 238.00 (Feet) |
| Directions/Cross Streets: | Near: EAST MAIN ST |
| Category: | Apartment |
| Use: | Apts-Over 20 Units |
| Building Percentage: | Y |
| Total Area: | 0.58 |
| Total Area Code: | Acres |
| Taxes Expense: | $42296 |
| Insurance Expense: | $9710 |
| Hydro Expense: | $8335 |
| Water Expense: | $18137 |
| Gross Income/Sales: | $363024 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Heat Type: | Baseboard |
| Central Air Conditioning: | N |
| Water: | Municipal |
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| MYSAK REALTY INC. |
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Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Welland |
| Lot Size: | 90.00 x 238.00(Feet) |
| Tax: | $42,296 |
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