3400 sqft
Radiant Heat
$799,999
Rare purpose built 4 plex building opportunity for purchase in the heart of Welland, downtown! LIVE, WORK & PLAY with this Solid mixed-use building in downtown core, currently fully leased with 3 residential apartments and 1 commercial unit. The main floor is a commercial unit current used as a Salon with a long term lease in place. The 3 Residential units are very spacious and have solid, quality tenants with potential for future large lease increases! Many possibilities here. Has its own driveway access and 3 car parking in the rear. Many upgrades include a newer Roof (2023) and fully renovated commercial unit and unit 1 (with market rents). Many incentives in the downtown core available. Full financial statement and feature sheets attached in the listing. (id:34792)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
X10408164 |
Property Type
|
Multi-family |
Community Name
|
768 - Welland Downtown |
Building
Appliances
|
Refrigerator, Stove |
Heating Type
|
Radiant Heat |
Size Exterior
|
3400 Sqft |
Size Interior
|
3400 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
126 Ft ,1 In |
Size Frontage
|
22 Ft ,9 In |
Size Irregular
|
Bldg=22.82 X 126.16 Ft |
Size Total Text
|
Bldg=22.82 X 126.16 Ft |
Zoning Description
|
Dmc |
https://www.realtor.ca/real-estate/27618342/38-division-street-welland-768-welland-downtown-768-welland-downtown