14 Douglas Avenue 1,2,3,4, Welland, ON L3C 1H2

ExpiredFourplex

#1,2,3,4 - 14 Douglas Avenue

Name: 14 Douglas Avenue - Expired
Brand: Revel Realty Inc.
Price: 699000 CAD
Availability: OutOfStock

Welland - 767 - N. Welland

#1,2,3,4 - 14 Douglas Avenue

Welland - 767 - N. Welland

Listed For $699,000

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Expired

3 Bedrooms Bedrooms

4 Bathrooms Bathrooms

1 Garage Garage

Description

Invest Wise With This Property On Double Lot! Cap Rate Of 10.1% At List Price, Noi Of $56800/Yr, Gross Inclome Of $70600/Yr. Need I Say More?? Okay, This Building Sits On A Double Lot (2nd Lot Fully Paved) Which Consists Of 4767 Sqft - 4 Very Spacious Units, No Unit Under 1100 Sq.Ft (3 - 2 Bedroom Units Which Rent For $1400/Month Inclusive, And 1 - 3 Bedroom Unit That Rents For $1600/Month Inclusive) Located In North End Welland Just Off Niagara St.

Key facts for #1,2,3,4 - 14 Douglas Avenue

Tax$5,600 / 2019

Property TypeFourplex, 3-Storey

Lot Size111 x 75.85 Feet

Size3500-5000 ft²

ParkingAttached 1 Spaces, Total 8 Spaces

Parking FeaturesPrivate Double

BasementFinished

Listing #X4452241

Days on Market--

Listing BrokerageRevel Realty Inc.

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

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* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$3,413/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$3.3% net yield

Net Monthly Cash Flow-$1,299

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