192/194 Burgar Street Welland, Ontario L3B 2T4
$999,850
Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as a shop with office space and a two piece bathroom. Current 5 unit apartment building with spacious apartments and mostly renovated throughout. All 6 Hot water heaters are owned and replaced in 2022. Room measurements for all units available upon request. No interior photos of units as per tenants request. Each unit is spacious and offers nice floor plan with high ceilings on main floor. Individually metered units for Hydro, Coin Laundry on Site. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas. Basement is very large and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream or rent out basement separately for storage and add to the NOI (Net Operating Income). Showings will only be Wednesday from 11 - 7 and Saturday 12 - 5 with listing agent present. (id:55093)
Property Details
| MLS® Number | 40641553 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit |
| Features | Laundry- Coin Operated, Sump Pump |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 6 |
| BedroomsTotal | 6 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ConstructionMaterial | Concrete Block, Concrete Walls |
| CoolingType | None |
| ExteriorFinish | Brick, Concrete |
| FireProtection | Security System |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 6536 Sqft |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 155 Ft |
| SizeFrontage | 46 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rl2 |
https://www.realtor.ca/real-estate/27372946/192194-burgar-street-welland
Interested?
Contact us for more information
Jeff Collins
Salesperson
35 Maywood Avenue
St. Catharines, Ontario L2R 1C5
Ryan Johnstone
Broker
4850 Dorchester Road #b
Niagara Falls, Ontario L2E 6N9
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 05 2024 10:22:29
Niagara Association of REALTORS®
Royal LePage NRC Realty
