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. Newer Roof 2023, lots of upgrades, including unit 1 fully renovated and Salon. Many incentives in the downtown core available. Full financial statement and feature sheets attached in the listing. (id:50886)
MLS® Number | 40673832 |
Property Type | Multi-family |
CommunityFeatures | Community Centre |
EquipmentType | Water Heater |
ParkingSpaceTotal | 3 |
RentalEquipmentType | Water Heater |
BathroomTotal | 3 |
BedroomsTotal | 4 |
BasementType | None |
CoolingType | None |
ExteriorFinish | Brick |
HeatingType | Radiant Heat |
StoriesTotal | 2 |
SizeInterior | 3400 Sqft |
Type | Fourplex |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
SizeDepth | 126 Ft |
SizeFrontage | 23 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | Dmc |
https://www.realtor.ca/real-estate/27661077/38-division-street-welland
Contact us for more information
Filip Hajduk
Salesperson