12 unit building. 4 commercial spaces and 8 residential. Many long term tenants. All tenants pay their own hydro. Each unit has its own electric hot water heater. Great downtown location and only steps from the bus terminal. Coin laundry room. Attached garage. Bonus office space that the tenant can use upon request. Full high basement for storage that also has a party room that the tenants have access to upon request with pool table and TV and couches etc. All appliances are included and property of the owner. Further financials available with rental break downs per unit. Property manger lives on site. Fully fire retrofit. Flat roof about 9 years old. Great store front exposure for the commercial tenants. Free street parking. Great investment ! Seller willing to hold 10% second mortgage.
MLS# | 40078148 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 34 |
Units | 11 |
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Building(s) | 1 |
Area Information | |
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Province | ON |
County | Niagara |
City | Welland |
Postal Code | L3B 4A1 |
Area | Welland |
Listing VS Median (in L3B 4A1) | |
Price: $1,949,000 low | high Med: $1,949,000 On Site: 34 low | high Med: 34 Sourced by Back At You |