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. (id:36058)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X12471266 |
| Property Type | Multi-family |
| Community Name | 773 - Lincoln/Crowland |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,328 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 119 Ft |
| Size Frontage | 45 Ft |
| Size Irregular | 45 X 119 Ft |
| Size Total Text | 45 X 119 Ft |
| Zoning Description | Rl1 |
(905) 788-3232
www.coldwellbankeradvantage.ca/
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