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Investment signal

$855,000

149 Main Street

Save this home

Beds

Baths

Sqft

Year

1911

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Liverpool. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

PRICE REDUCED!! This iconic local landmark has so much potential for increased income or for a business owner to occupy, whether it be a bar/restaurant, or retail/offices, or all of the above! Strategically located, it stands proud on a corner of the main street in a town loaded with history, including this wonderful building. The main floor is set up as a bar/restaurant, with tons of extra space for additional ventures. Plus it has amazing rental history from the 15 apartments on the 2nd and 3 floors. Only the apartments are rented and have only had minimal rental increases in 10-15 yrs. The commercial space is all unoccupied. Plus there is a 1 bedroom apt kept for the owner on the main level that is unrented. There is ongoing maintenance with such a property, but most of the windows, the roof and the heating systems have been updated. The individual units are electrically heated and the power is included in the rent. The rest of the building and the hot water is heated from the boiler. There is a vacant lot included. *The Listing Agent is related to the Seller. (id:65958)

Subtype
Multi-family
Structure
Apartment
Community
Liverpool
Common interest
Freehold
Lot size
0.27 acres
Lot dimensions
0.2652
On market
Apr 13, 2026
Status changed
Apr 21, 2026
Photos
19
MLS#
202607173
Area
LIVERPOOL

Features and systems

Parking

Gravel

Basement

Full

Appliances

WasherDryer - ElectricRefrigeratorStove

Exterior

Wood shingles

Flooring

HardwoodCarpetedVinyl

Foundation

Concrete Perimeter

Lot

Balcony

Community

School BusRecreational Facilities

Utilities

Cable Available
Negative cash flow ~$945/mo at these assumptions

Cash on cash

-6.63%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,270

Financing

Down payment$171,000
Loan amount$684,000
Mortgage$3,466/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$392
Insurance$80
Maintenance$713
CapEx reserve$356
Vacancy loss$214

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,466/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

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