32 Price Avenue, Welland | Image 1

32 Price Avenue

Welland

  • Commercial

$1,699,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: RL1, RM

  • Age: No Data

  • Taxes: 25179

  • MLS®#: X9309713

  • Days on Site: 7 Days

  • Added: Sep 09, 2024 (1 week ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: MYSAK REALTY INC.

Going in cap of 6.2% which includes estimates for super, prop mang, vacancy and R&M. 11 unit building comprised of all 2 Bed units. $154k/door. ROI with 20% down aprox 14.6%. Roof 2017. Sep hydro meters. Space for an additional 12th unit. Upside on full rent roll. Large lot ample parking. Perfect rental location to attract great tenants. Close to all amenities. All due diligence material is available in data room upon request.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Welland

  • Availability Date: TBA

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Hot Water

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Taxes: $25,179

  • Expenses: Est

  • Insurance Fee: 4960

  • Hydro Expense: 1275

  • Heat Expenses: 9430

  • Taxes Type: Annual

  • Taxes: 24247

  • Tax Year: 2024

  • Water Fees: 6876

Land

  • Cross Street: Edgar St. & Niagara

  • Municipality District: Welland

  • Parcel Number: 640910234

  • Lot Depth: 135 Feet

  • Lot Frontage: 132 Feet

  • Zoning: RL1, RM

Commercial Specific

  • Total Area: 17954.17

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Gross Income/Sales: 172596

Map of 32 Price Avenue, Welland
JK-8

Glendale Public School

Elementary: Public
0.53 km
JK-8

Ross Public School

Elementary: Public
0.32 km
JK-8

Quaker Road Public School

Elementary: Public
2.14 km
JK-8

Fitch Street Public School

Elementary: Public
1.09 km
JK-8

St Kevin Catholic Elementary School

Elementary: Catholic
0.49 km
JK-8

Holy Name Catholic Elementary School

Elementary: Catholic
1.66 km
9-12

École secondaire Confédération

Secondary: Public
2.88 km
9-12

Eastdale Secondary School

Secondary: Public
2.95 km
9-12

ÉSC Jean-Vanier

Secondary: Catholic
1.88 km
9-12

Centennial Secondary School

Secondary: Public
1.06 km
9-12

E L Crossley Secondary School

Secondary: Public
6.72 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
0.67 km
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