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$ 799,900
Est. payment | /mo
3,328 SqFt
$ 799,900
Est. payment | /mo
3,328 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,328 sqft
Price per Sqft $240
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X13726648
Annual Tax Amount $4,815
Tax Year 2025
Property Sub-Type Investment
Property Description
All-brick 2-storey multi-residential building in the heart of Welland! This solid investment property features four fully finished 2-bedroom, 1-bathroom units, plus a full basement with two additional units that are approximately 75% complete. With proper city approvals and permits, the building can be completed as a legal 6-unit property, offering excellent value-add potential. Major updates have already been taken care of, including a brand-new tankless boiler system, upgraded main electrical wiring, and a full sprinkler system with alarm. A recent fire inspection and approved fire plan ensure compliance with current safety standards and reduce future risk. A detached double garage provides the option for additional income or secure storage. Located near schools, shopping, and public transit, this is the perfect opportunity for investors seeking both strong rental income and future growth potential in a desirable area of Welland.
Location
Province ON
County Niagara
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 45.0
Lot Depth 119.0
Others
ParcelsYN No
Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Nearby Locations
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