| Purpose-built 6-unit apartment building offering a solid investment opportunity with a desirable unit mix of five spacious 2-bedroom units and one 1-bedroom unit. This property features ample on-site parking for tenants and guests, along with four units enjoying south-facing balconies that provide excellent natural light and added tenant appeal. Rents and expenses are approximate, presenting an opportunity for buyers to further optimize income over time. The building is ideally located in close proximity to a wide range of amenities including shopping, transit, and services, with convenient access to the highway-making it attractive for both tenants and investors alike. |
| Price | $899,900 |
| Taxes: | $7207.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 158 Hagar Street , Welland, L3B 4J8, Niagara |
| Postal Code: | L3B 4J8 |
| Province/State: | Niagara |
| Legal Description: | LTS 297 & 298 PL 593 ; WELLAND |
| Directions/Cross Streets: | Lincoln x Crowland |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 4500.00 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 51-99 |
| Financial Statement: | T |
| Water Expense: | $5419 |
| Net Income Before Debt: | $77995 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 6 |
| Heat Type: | Radiant |
| Central Air Conditioning: | No |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE |
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| Book Showing | Email a Friend |
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 773 - Lincoln/Crowland |
| Approximate Age: | 51-99 |
| Tax: | $7,207 |
| Baths: | 6 |
| Fireplace: | N |