For Sale

4118 Main Street, Niagara Falls, Ontario L2G6C3

$2,900,000

4118 Main Street, Niagara Falls, Ontario L2G6C3 is For Sale and has a listing price of 2,900,000. The property is located in the Chippawa - Rural neighbourhood. It's been on the website for 24 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 29
    Parking Spaces
  • MLS ID: X9419678
  • Office Name MYSAK REALTY INC.
Property Description

Massive price reduction from $3.75M to $2.9M. 21 unit apartment building. Vacant. 10.4% cap rate based on conservative market rents. This building still requires cosmetics upgrades on 17 of the units and 4 units require full kitchen and bathrooms and drywall. The heavy lifting of electrical and plumbing have been done. If you are looking for add value building and a project to work on this is ideal. Located right across Welland River. (id:43137)

Property Details
  • MLS ID: X9419678
  • Price: $2,900,000
  • Transaction Types: For Sale
  • Ref ID: 27564459
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
10/21/2024 X9419678 $2,900,000 For Sale - -
09/23/2024 X9364202 $3,749,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Chippawa - Rural
  • $999,124 Average List Price
    based on 1 year
  • 53 New Listings
    based on 30 days
  • 52 Median Days on Market
    based on 1 year
  • List vs. Selling Price 5.24 % Up
  • Sold (12mo) 57
  • Rented (12mo) 41

  • 1 Month Change +10.9%
  • 3 Month Change +24.9%
  • 6 Month Change -25.3%
Walkscore
  • 60 Walk Score
    Somewhat Walkable
  • 27 Transit Score
    Some Transit
  • 34 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    84.33%
  • Commercial
    9.77%
  • Condo
    3.8%
  • Land for Sale
    2.1%
Additional Details
  • Heat Source Natural Gas
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Total Parking Spaces: 29
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 21/10/2024 00:00:00
  • Zoning Res, Wr4l, Rl6
  • Agent Name: JOE MYSAK
  • Last Updated: 28/10/2024 14:15:15
Open House Dates
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