Size
4038 sqft
Lot size
16665 sqft
Street frontage
-
Possession
-
Price per sqft
$161
Taxes
$6,422 (2024)
Parking Type
-
Style
Other
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Description
Welcome to 38-40 First St., a solid brick 7-unit building offering a fantastic investment opportunity in the heart of Welland. Located in a prime area near new developments, this property is close to a wide range of amenities, including schools, parks, the hospital, recreation facilities, a pharmacy, and the Welland Canal.The building boasts 4,038 square feet of above-grade living space and includes 4 one-bedroom units and 3 two-bedroom units, generating a total annual rental income of $79,511.88. Set on a spacious 100x166 ft lot with favorable INSH zoning, this property also holds significant potential for future development. Don't miss out on this versatile investment - book your showing today!
Broker: COLDWELL BANKER ADVANTAGE REAL ESTATE
MLS®#: 40701851
Property details
Parking:
-
Parking type:
-
Property type:
Multiplex
Heating type:
Natural Ga
Style:
Other
MLS Size:
4038 sqft
Lot front:
100 Ft
Lot depth:
166 Ft
Listed on:
Feb 27, 2025
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