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:50886)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X10408164 |
Property Type | Multi-family |
Community Name | 768 - Welland Downtown |
Appliances | Refrigerator, Stove |
HeatingType | Radiant Heat |
SizeExterior | 3400 Sqft |
SizeInterior | 3400 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 126 Ft ,1 In |
SizeFrontage | 22 Ft ,9 In |
SizeIrregular | Bldg=22.82 X 126.16 Ft |
SizeTotalText | Bldg=22.82 X 126.16 Ft |
ZoningDescription | Dmc |
Contact us for more information
Filip Hajduk
Salesperson