Welcome to 55 McAlpine Ave. S., a well-constructed concrete building offering stability and durability. This property features 23 spacious units, including 8 one-bedroom and 15 two-bedroom apartments, situated in a quiet, desirable neighborhood. Conveniently located near all major retailers, downtown, and major highways, it provides excellent tenant appeal and accessibility. The building is equipped with an elevator for easy access, ample parking at the rear, and on-site laundry facilities for tenant convenience. Each unit has its own separate boiler and on-demand water system, ensuring efficient and reliable service. This property presents a fantastic opportunity for investors seeking a low-maintenance, income-generating asset in a sought-after location. |
Price | $4,299,999 |
Taxes: | $42296.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 55 Mcalpine Aven South , Welland, L3B 1T7, Niagara |
Postal Code: | L3B 1T7 |
Province/State: | Niagara |
Legal Description: | LTS 815, 816, 817, 818, 996, 997 & 998 P |
Directions/Cross Streets: | East Main/Mcalpine |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Category: | Apartment |
Use: | Apts - Over 20 Units |
Building Percentage: | T |
Total Area: | 0.58 |
Total Area Code: | Acres |
Financial Statement: | F |
Chattels: | F |
Franchise: | F |
Sprinklers: | No |
Washrooms: | 0 |
Rail: | N |
Heat Type: | Baseboard |
Central Air Conditioning: | No |
Sewers: | Sanitary+Storm |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX REALTY SPECIALISTS INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Niagara |
Municipality: | Welland |
Neighbourhood: | 773 - Lincoln/Crowland |
Tax: | $42,296 |
Fireplace: | N |