TerminatedMultiplex

951 EAST MAIN Street

Name: 951 East Main Street - Terminated May 2022
Brand: RE/MAX NIAGARA REALTY LTD., BROKERAGE
Price: 4999999 CAD
Availability: OutOfStock

Welland - 773 - Lincoln/Crowland

951 East Main Street

Welland - 773 - Lincoln/Crowland

Listed For $4,999,999

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Terminated May 2022

3 Bedrooms Bedrooms

1 Bathrooms Bathrooms

0 Garage Garage

Description

Investors Special -- 18 Units Located In Desirable Welland; Right Off 406 Across From Coffee Shop & Close Proximity To College. Upon Entering The Building, You Will Notice Main Hallways Have Been Freshly Painted With New Flooring & Baseboards (2022). Most Of Units Have Been Fully Renovated (Flooring, Paint, Kitchens, Baths). There Are Still Handful Of Units That Have Potential To Add Value & Increase Rents. Laundry Room With Coinamatic Appliances& Storage

Key facts for 951 EAST MAIN Street

Tax$30,060 / 2022

Property TypeMultiplex, 2-Storey

Lot Size201 x 108.33 Feet

Size5000 ft²

ParkingNone Spaces, Total 20 Spaces

Parking FeaturesPrivate

BasementFinished, Full

Listing #X5544244

Days on Market--

Listing BrokerageRE/MAX NIAGARA REALTY LTD., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

Interest Rate

Down Payment

Minimum down payment is $1,000,000 (20.0%) - using that for this calculation.

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

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Cash Flow Analysis

Est. Mortgage Payment

$24,416/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$-0.1% net yield

Net Monthly Cash Flow-$24,621

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(866) 511-7171

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