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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12301014
Annual Tax Amount $42,296
Tax Year 2024
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 90.0
Lot Depth 238.0
Others
Security Features No
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Listed by RE/MAX REALTY SPECIALISTS INC.
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