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Welland,ON L3B 2L4
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12157157
Style 2-Storey
Bedrooms 7
Building Age 100+
Annual Tax Amount $4,224
Tax Year 2024
Property Sub-Type Fourplex
Lot Depth 114.0
Lot Front 33.0
Appx SqFt 3000-3500
Property Description
Client RemarksPRIME INVESTMENT OPPORTUNITY: COMMERCIAL + RESIDENTIAL. Are you looking for a property that offers a perfect blend of potential rental income and business space? Look no further! This meticulously maintained mixed-use property is now available for sale, featuring one commercial unit and three residential units. The commercial unit was leased for $1600/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1450/month and the 2 bed apartment on the upper level is currently leased for $1300/month to AAA tenants. 3 bed apartment on upper level is currently leased for $1450/month making the total rental potential for this property close to $6000 monthly. This property presents an excellent investment opportunity with multiple income streams. The commercial unit can provide steady rental income, while the residential units offer long-term tenants. Don't miss out on this amazing opportunity!!
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Rooms
Family Room No
Basement Partially Finished
Kitchen 3
Interior
Interior Features Other
Cooling Window Unit(s)
Exterior
Parking Features Private Double
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 33.0
Lot Depth 114.0
Total Parking Spaces 4
Building
Foundation Block
Others
Senior Community Yes