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$799,999
Available - For Sale
Listing ID: X10408164
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: $4,114.02
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
Zoning: DMC
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: N
Total Area: 3,400
Total Area Code:  Sq Ft
Sprinklers: N
Heat Type: Radiant
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.

38 Division St , Welland, L3B 3Z6, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style:
Lot Size: 22.82 x 126.16(Feet)
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Tax: $4,114.02
Maintenance Fee: $0
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