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9 Albert St Welland, Ontario L3B 4G1

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6 Bathroom 4044 sqft

$2,200,000

*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***** EXTRAS **** Property In ""As Is-Where Is Condition"". No Warranty From Seller / Agents. Buyer To Perform Own Due Diligence. *** No Property Survey *** (id:42390)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X5764229
Property Type Multi-family
Amenities Near By Public Transit
Parking Space Total 1

Building

Bathroom Total 6
Size Interior 4044 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Irregular 36.96 X 76.25 Ft
Size Total Text 36.96 X 76.25 Ft

https://www.realtor.ca/real-estate/24875203/9-albert-st-welland

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