Welland - 768 - Welland Downtown
Listed For $2,200,000
Get Pre-approvedTerminated Jan 2023
Up To 75% Vtb 1st Mortgage Or Assume Existing 1st Mortgage About $324,000 @ 2% For 7 Yrs+Up To 65% Vtb 2nd Mortgage Approx 4,044 Sqft 2 Storey Legal Rooming House.19 Rooms. Excellent Flr Plan,Easy To Manage1st Flr 8 Bdrms,1 Kitchen,1X4 Wshrm,1X 2 Shower Stalls,1X2 Wshrm,1X3 Wshrm+2nd Flr 11 Rms,1 Kitchen,1X2 Wshrm,1X4 WshrmGreat Set Up For Student Housing Or Long Term Lodging By The Bus Route.About 8 Minutes Drive To Niagara College Welland Campus With Over 9,000 Students 9 Albert St Was Recently Gone Thru A Major Renovation In 2019 (Windows,Doors,Many Newer Renovation/Improvement Thru Out)*Gross Income About $12,000/Mth Or $144,000/Yr.Easy To Manage Rooming House Operation In Welland.*Total Expenses:Property Tax+Utilities+Maintenance Etc Estimated $20,000/Yr. Rental (Boiler, Hot W
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