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9 Albert St
Welland, ON L3B 4L1
9 Albert Street · Multifamily Property For Sale
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20 Units
PROPERTY FACTS
| No. Units | 20 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 4,284 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1917 |
| Building Class | C | Parking Ratio | 0.23/1,000 SF |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,284 SF |
| No. Stories | 2 |
| Year Built | 1917 |
| Parking Ratio | 0.23/1,000 SF |
ABOUT 9 ALBERT ST , WELLAND, ON L3B 4L1
Up To 70% Vtb 1st Mortgage Or Assume Existing 1st Mortgage About $324,000 @ 2% For 10 Years+Up To 50% Vtb 2nd Mortgage * Legal Rooming House.19 Bed Rooms,Potential Gross Income About $9,500/Month Or $114,000/Year.Total Expenses Property Tax+Utilities+Maintenance Etc Estimated $20,000/Year.1st Floor 7 Rooms+1X4 Piece+2 Shower Stall+1X2 Piece+1 Kitchen.2nd Floor 12 Rooms+1X4 Piece+1 Shower Stall+1X2 Piece+1 Kitchen **** EXTRAS **** Property Needs Work. New Windows + New Doors Being Installed. Half Basement Finished With Breaker Circuit Panel, Boiler, Hwt(Rental), Property In As Is-Where Is Condition. No Warranty From Seller/Agents.Buyer To Perform Own Due Diligence.
