38 Division St , Welland, ON L3B
Welland, ON L3B
Description
Rare purpose built 4 plex building opportunity for purchase in the heart of Welland, downtown! LIVE, WORK & PLAY with this Solid mixed-use building in downtown core, currently fully leased with 3 residential apartments and 1 commercial unit. The main floor is a commercial unit current used as a Salon with a long term lease in place. The 3 Residential units are very spacious and have solid, quality tenants with potential for future large lease increases! Many possibilities here. Has its own driveway access and 3 car parking in the rear. Many upgrades include a newer Roof (2023) and fully renovated commercial unit and unit 1 (with market rents). Many incentives in the downtown core available. Full financial statement and feature sheets attached in the listing.
Details
| MLS# | X10408164 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 168 |
| Listing Provided By | RE/MAX REAL ESTATE CENTRE INC. | Not Provided |
Features
| Zoning | DMC |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| County | Welland |
| City | Welland |
| Postal Code | L3B |
| Area | Niagara |
| Community Name | 768 Welland Downtown |
| Listing VS Median (In 768 Welland Downtown) | |
Price: $849,900 low | high Med: $0 On site: 168 low | high Med: | |
