Great Investment Opportunity In One Of The Fastest-Growing Areas In Niagara! This Multi-Family Property In The Heart Of Welland Is A Fully Tenanted Building With 4 Residential Units & Commercial Store On A Great Lot. It Also Has A Site Plan Approved For Additional 4 Apartments In Its Existing Structure (1 Studio & 3 X 1 Bedroom) That Can...
Great Investment Opportunity In One Of The Fastest-Growing Areas In Niagara! This Multi-Family Property In The Heart Of Welland Is A Fully Tenanted Building With 4 Residential Units & Commercial Store On A Great Lot. It Also Has A Site Plan Approved For Additional 4 Apartments In Its Existing Structure (1 Studio & 3 X 1 Bedroom) That Can Increase The Monthly Income To Approximately $5,000.00 Per Month. The Current Annual Rent Is Now At Approximately $65,640 On Its 4000 Sq. Ft. Per Floor Plate With 3 X 2-Bedroom & 1 X 3-Bedroom Apartments. This Building Got Renovated In 2016 And The Roof Got Updated Last 2017.
Property Details
Size
Parking
Build
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
For Sale Nearby
Sold Nearby
- 1,500 - 2,000 Sq. Ft.
- 700 - 1,100 Sq. Ft.
- 3
- 1
- 1,100 - 1,500 Sq. Ft.
- 4
- 4
- 1,100 - 1,500 Sq. Ft.
- 4
- 1
- 1,100 - 1,500 Sq. Ft.
- 2
- 2
- 3
- 2
- 5
- 2
- 4
- 2
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