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38 Division Street Welland, Ontario L3B 3Z6

4 Bedroom 3 Bathroom 3400 sqft
None 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. 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:59646)

Property Details

MLS® Number 40673832
Property Type Multi-family
Community Features Community Centre
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Total 4
Basement Type None
Cooling Type None
Exterior Finish Brick
Heating Type Radiant Heat
Stories Total 2
Size Interior 3400 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 126 Ft
Size Frontage 23 Ft
Size Total Text Under 1/2 Acre
Zoning Description Dmc

https://www.realtor.ca/real-estate/27661077/38-division-street-welland

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