$799,999
Available - For Sale
Listing ID: X10408164
38 Division St , Welland, L3B 3Z6, Ontario
| 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. |
| Price | $799,999 |
| Taxes: | $4114.02 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 38 Division St , Welland, L3B 3Z6, Ontario |
| Postal Code: | L3B 3Z6 |
| Province/State: | Ontario |
| Lot Size: | 22.82 x 126.16 (Feet) |
| Directions/Cross Streets: | Division and Main |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | N |
| Total Area: | 3400.00 |
| Total Area Code: | Sq Ft |
| Sprinklers: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | N |
| Water: | Municipal |
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| RE/MAX REAL ESTATE CENTRE INC. |
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Dir:
416-828-2535
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647-462-9629
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 768 - Welland Downtown |
| Lot Size: | 22.82 x 126.16(Feet) |
| Tax: | $4,114.02 |
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