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$1,999,900
Est. payment /mo
10,107 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 10,107 sqft
Price per Sqft $197
Subdivision 450 - E. Chester
MLS Listing ID X12148268
Building Age 51-99
Annual Tax Amount $18,848
Tax Year 2024
Property Sub-Type Investment
Lot Depth 162.56
Lot Front 68.09
Property Description
Welcome to 26 Gale Crescent Under POWER OF SALE. A tremendous Investment Opportunity! Own a 11Unit Multiplex With An Exceptional Cap Rate Above 6%. Possibility to add a 12th Unit as well! This 3 Storey 11 Unit Multiplex Has Been Meticulously Maintained With 8 Recently Renovated Vacant Units! Each Unit is Separately Metered Making It A Breeze To Manage. Parking Is Never An Issue With Ample Outdoor Parking In The Rear. Loads Of Storage Is Available As Well In TheDetached Garage. Prime Location In One Of Niagara's Prominent Cities. Truly A Gem. Invest Or Live In One Unit And Have The Rent Carry! Very Rare Opportunity To Become A Landlord Of An Apartment Complex! Build Generational Wealth!
Location
Province ON
County Niagara
Community 450 - E. Chester
Area Niagara
Zoning R3
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 68.09
Lot Depth 162.56
Building
Lot Description Irregular Lot
New Construction false
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Listed by MII REALTY POINT