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$1,899,900
Est. payment /mo
18 Beds
12 Baths
8,460 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 8,460 sqft
Price per Sqft $224
Subdivision 769 - Prince Charles
MLS® Listing ID 40748337
Bedrooms 18
Year Built 1960
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
Property Description
Incredible investment opportunity! This spacious is as exceptionally well-maintained 12-unit apartment building features a sought-after mix of 6 large two-bedroom units, 5 one-bedroom units, and 1 bachelor. With 12 dedicated parking spots, shared laundry, and beautifully cared-for interiors and exteriors, this property stands out in today's market as of the strongest performing low rise building in the Niagara region. Currently generating approximately $200,940 in annual rental income, with significant room to increase revenue over time. Located in a thriving Welland neighbourhood close to transit, schools, shopping, and amenities. A rare chance to secure a high-performing multi-residential asset. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Cooling None
Exterior
Parking Features No
Community Features Quiet Area
View Y/N No
Total Parking Spaces 12
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Michael St. Jean Realty Inc.