38 DIVISION Street

Welland, Ontario, L3B3Z6, Canada

$699,900

Rare purpose built 4 plex building opportunity for purchase in the heart of Welland, downtown with ALMOST 6% cap rate and continuous potential for more! 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! Has its own driveway access with 3 car parking in the rear. Many upgrades include a newer Roof (2023) and fully renovated commercial unit and unit 1 (with market rents), newer roof 2023 and more! Many incentives in the downtown core available. Full financial statement and feature sheets attached in the listing.

Last updated on : Friday 22nd of November 2024 03:09:37 PM

ADDRESS

Street : 38 DIVISION Street

City : Welland

Province : Ontario

Country : Canada

Postal Code : L3B3Z6

Open in Google Map

PROPERTY SUMMARY

Property ID : 40680317

Building Type : Fourplex

Property Type : Multi-family

Bedrooms : 4

Bathrooms : 3

Parking : 3

Similar Properties

Multi-family

106/108 KATHLEEN Street

Guelph, Ontario, N1H4Y3

$969,900

Beds: 4Baths: 3

property Type: Duplex

type: Sale

Andra Arnold
1 month ago

DETAILS

Multi-family

166 CATHARINE Street N

Hamilton, Ontario, L8L4S5

$749,900

Beds: 4Baths: 3

property Type: Duplex

type: Sale

Mark Woehrle
1 day ago

DETAILS

Multi-family

186 SHERMAN Avenue N

Hamilton, Ontario, L8L6M9

$598,888

Beds: 4Baths: 2

property Type: Duplex

type: Sale

Willi Morbeck
1 day ago

DETAILS

Multi-family

894 STRASBURG Road

Kitchener, Ontario, N2E2K4

$768,888

Beds: 4Baths: 2

property Type: Duplex

type: Sale

RIZ JADAVJI
1 day ago

DETAILS

Multi-family

14 AVRA Court

Guelph, Ontario, N1H7B2

$799,900

Beds: 4Baths: 2

property Type: Duplex

type: Sale

Bradley Wylde
2 days ago

DETAILS

Inquire about this property