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Welland,ON L3B 4T6
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12279596
Style 2-Storey
Bedrooms 7
Building Age 51-99
Annual Tax Amount $6,512
Tax Year 2024
Property Sub-Type Fourplex
Property Description
ATTENTION ALL INVESTORS. SOLID AS A ROCK, THIS ALL BRICK 5 UNIT APARTMENT IS METIOUSLY KEPT AND UPDATED. LOCATION IS ALSO KEY HERE ONLY A HAND FULL OF MULTI UNITS AMOGNST NICE SINGLE FAMILY RESIDENTAL HOMES. NICE PLACE TO LIVE AND COLLECT RENT.IDEAL FOR INVESTMENT, OWNER OCCUPIED PLUS COLLECT RENTS, AND MULTI GENERATIONAL PURPOSES. THREE 1 BEDROOM APARTMENTS AND TWO 2 BEDROOM APARTMENTS. ALL SEPERATE ENTRANCES WITH LAUNDRY FACILITIES IN COMMON AREA IN BASEMENT. UPDATED ELECTRICAL PANELS, FIRE SPRINKLER SYSTEM IN BASEMENT COMMON AREA AND BASEMENT APT, WITH LAST ESA INSPECTION IN 2023. NEW GAS BOILER IN IN 2020. NET INCOME APPROX $45,000YEAR FULLY OCCUPIED. ONE UNIT VACANT AT PRESENT FOR SHOWING PURPOSES OR IF BUYER WANTS TO OCCUPY UNIT. THIS BUILDING IS A ONE OF A KIND AND WOULD MAKE A SOUND LONG TERM INVESTMENT. CONTACT L.A. FOR FURTHER DETAILS REGARDING INCOME AND EXPENSES.
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Rooms
Family Room No
Kitchen 5
Interior
Cooling Window Unit(s)
Exterior
Parking Features Private Double
Garage Spaces 3.0
Pool Other
Roof Type Fibreglass Shingle
Building
Foundation Poured Concrete