$2,200,000
 $11,810 est/mo Sourced by Back At You

9 Albert St , Welland, ON L3B 4G1

Welland, ON L3B 4G1

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Description

*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 Manage*1st Flr 8 Bdrms,1 Kitchen,1X4 Wshrm,1X 2 Shower Stalls,1X2 Wshrm,1X3 Wshrm*+*2nd Flr 11 Rms,1 Kitchen,1X2 Wshrm,1X4 Wshrm*Great 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 Water Heater) To Be Assumed On Closing* Unit #17, 8, 9 In 2nd Flr Is A Self Contained 3 Bdrms + Balcony With 1X4 Pce Wshrm, 1 Kitchen,Excellent For Owner Family/Manager/Superintendent Private Suite*

Details

MLS#X5764214
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusA
Days On Site877
Listing Provided ByRE MAX REALTY SPECIALISTS INC. BROKERAGE | 

Features

Bed(s)9
Bath(s)6
BasementY
Story(s)2-Storey
ZoningResidential Dmc Rm
Water FrontNo
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Learn More About This Property

StateON
CountyWelland
CityWelland
Zip CodeL3B 4G1
AreaNiagara
Listing VS Median (in L3B 4G1)
Price:
$2,200,000
low | high
Med:
$0
On Site:
877
low | high
Med:
Sourced by Back At You
Listing Updated: September 15, 2022 at 2:44:57 PM PDT
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