Size
-
Lot size
16666 sqft
Street frontage
S
Possession
Imm w/ Tenants
Price per sqft
$176 - $251
Taxes
$6,422 (2024)
Parking Type
Detached Garage
Style
2-Storey
See what's nearby
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!
EXTRAS:
EXTRAS:
Broker: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
MLS®#: X11993763
Property details
Parking:
No
Parking type:
Detached Garage
Property type:
Multiplex
Heating type:
Water
Style:
2-Storey
MLS Size:
3500-5000 sqft
Lot front:
100 Ft
Lot depth:
166 Ft
Listed on:
Feb 27, 2025
Show all details
Instant estimate:
orto view instant estimate
$85,920
lower than listed pricei
High
$809,859
Mid
$793,980
Low
$748,644