Great Investment!! Solid all brick well-built updated Fourplex. Large, over 3000 sq ft of above ground living space situated on 44 x 134 ft lot. Offering 2-2 bedroom units and 2-1 bedroom units. All units have separate entrance & hydro meters. Gross rents are over $44,000/yr. With this building there is a potential to add 2 more units in large unfinished basement & attic. Updates include roof shingles (2017), new high efficiency heating boiler (2018), eavestroughs (2018), basement waterproofing (2018). Updated electrical (2018). Excellent location, walking distance to downtown, hospital, church, school, parks & transit. Due to covid 19, please allow 48 hours notice to the tenants for all showings.
MLS# | 40060055 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Conditional |
Year | 1920 |
Days On Site | 32 |
SQ Feet | 3,524 |
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Units | 4 |
Building(s) | 1 |
Area Information | |
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Province | ON |
County | Niagara |
City | Welland |
Postal Code | L3B 4G6 |
Area | 7 - Welland |
Listing VS Median (in L3B 4G6) | |
Price: $679,000 low | high Med: $679,000 SqFt: 3,524 low | high Med: 1,762 $ / SqFt: $193 low | high Med: $96 On Site: 32 low | high Med: 32 |