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Welland,ON L3B 4W5
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 15,400 sqft
Price per Sqft $142
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X9414333
Annual Tax Amount $20,874
Tax Year 2024
Property Description
Purpose-built solid brick 12-unit apartment complex on a 111 X 208 parcel zoned INSH. lot provides the potential for adding future development on the site. The building is solid with high quality terrazzo floors throughout hallways. lots of areas to substantially improve income . 8x 2 bed units, 3 x 1 bed units, 1 x 3 bed unit. Location will appeal to many tenants with access to ample parking, on-site laundry, public transit, hospital and a variety of amenities all within walking distance. Tremendous opportunity for the long term investor. 2025 Retro Fit Fire System. Approx. $100,000 in upgrades on system and building to update to current code.
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Rooms
Kitchen 0
Interior
Interior Features Other
Cooling No
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Lighting
Garage Spaces 14.0
Community Features Major Highway,Public Transit
Utilities Available Unknown
Roof Type Other
Lot Frontage 111.0
Lot Depth 208.0
Total Parking Spaces 15
Building
Unit Features Hospital
Foundation Block
New Construction false
Others
Security Features Unknown