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38 Division Street Welland, Ontario L3B 3Z6

3400 sqft
Radiant Heat

$799,999

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)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X10408164
Property Type Multi-family
Community Name 768 - Welland Downtown

Building

Appliances Refrigerator, Stove
HeatingType Radiant Heat
SizeExterior 3400 Sqft
SizeInterior 3400 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

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

https://www.realtor.ca/real-estate/27618342/38-division-street-welland-768-welland-downtown-768-welland-downtown

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Filip Hajduk
Salesperson


RE/MAX Real Estate Centre Inc.
345 Steeles Ave East
Milton, Ontario L9T 3G6

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