38 Division Street Welland, Ontario L3B 3Z6
$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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