$999,850
 $5,367 est/mo Sourced by Back At You

192/194 Burgar Street , Welland, ON L3B 2T4

Welland, ON L3B 2T4

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Description

Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as a shop with office space and a two piece bathroom. Current 5 unit apartment building with spacious apartments and mostly renovated throughout. All 6 Hot water heaters are owned and replaced in 2022. Room measurements for all units available upon request. No interior photos of units as per tenants request. Each unit is spacious and offers nice floor plan with high ceilings on main floor. Individually metered units for Hydro, Coin Laundry on Site. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas. Basement is very large and was waterproofed from the inside fully by Wisecracks 2010, and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream or rent out basement separately for storage and add to the NOI (Net Operating Income). Showings will only be Wednesday from 11 - 7 and Saturday 12 - 5 with listing agent present.

Details

MLS#40641553
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site66
Listing Provided ByROYAL LEPAGE NRC REALTY | Jeff Collins

Features

Bed(s)6
Bath(s)6
SQ Feet6,536
BasementY
Story(s)2
Units6
ZoningRL2
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 2T4
AreaWelland
Subarea768 Welland Downtown
Community Name768 Welland Downtown
Listing VS Median (in 768 Welland Downtown)
Price:
$999,850
low | high
Med:
$439,900
100% of Average
SqFt:
6,536
low | high
Med:
1,130
100% of Average
$ / SqFt:
$153
low | high
Med:
$389
100% of Average
On Site:
66
low | high
Med:
38.000000
100% of Average
Sourced by Back At You
Listing Updated: October 19, 2024 at 2:59:06 PM PDT