Size
-
Lot size
292.64 sqm
Street frontage
W
Possession
-
Price per sqm
$1,413
Taxes
$4,533.55 (2023)
Parking Type
-
Style
-
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Description
Unique Investment opportunity with this legal Multi-Unit (4) located directly on the Welland River! *VACANT POSSESSION OF ALL 4 UNITS* Possibilities are endless with this 4 unit property consisting of 1 - 3 bedroom unit, 2 - 1 bedroom units, and a Bachelor unit. Separate hydro meters for unit 3 & 4, and shared hydro meter for unit 1 & 2. Walk out Entrance from Lower LeveL Flat Roof replaced in 2013. Heated by efficient boiler system. Current market rent for each unit are approximately $1800/month + hydro for 3 bed, $1600/month + hydro for each - 2 bedroom units, $750/month + hydro for Bachelor unit giving it a potential total gross rent of $5750/month or $69,000/yr! The potential of this property alone makes it worth a look to see if the numbers may work for you! Book your showing today!
Broker: REVEL Realty Inc., Brokerage
MLS®#: 40534390
Property details
Parking:
6
Parking type:
-
Property type:
Fourplex
Heating type:
Natural Ga
Style:
-
MLS Size:
230 sqm
Lot front:
13.72 M
Lot depth:
21.34 M
Listed on:
Jan 28, 2024
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