6810 THOROLD STONE Rd
Niagara Falls, L2J1B4
For Sale
$2,358,000
➧
➧
Apartment
CATEGORY19,612 Sq Ft
TOTAL AREAX9511110
MLSIDContact Us
Property Description
Exceptional income-generating property! Rare Great Investment Opportunity. Solid, Well Maintained! Fantastic 11 Units Apartment with one Kitchen and washroom each (6 units of 2 Bedrooms + 1 washroom - 5 Units of 1 Bedroom + 1 Washroom ) Building In The Heart Of Niagara Falls. The Property Is In Good Overall Condition. Providing Ample Parking At The Side Of The Building For All Tenants. A solid, long-term asset with tremendous potential for growth in one of the regions most desirable locations.
Call
Extras
lot measurements 50.11FT *50.12 FT*140.32 FT*116.26 FT*190.46 FT (Irregular Lot Dimension)
Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
R1C, NC, R5A
Total Area
19,612 Sq Ft
Lot Size
116' x 140'
Taxes
$25,200 (2024)
Air Conditioning
Yes
Call
Listing contracted with Royal Lepage Superstar Realty
Similar Listings
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.
Call
Call