132 West Main Street Welland, Ontario L3C 5A2
$945,000
TOTALLY RENOVATED! 4 unit building near downtown core! .4 plex; Just got approved for legal non-conforming status from the city; including a letter from them -Totally renovated; everything is brand new and looks amazing. I don't think there is anything that's not new. -I renovated and leased it in a manner to hold on to it forever. From vents for each bathroom, kitchen range hood, fire extinguishers, and all new boiler rads in the units, to Honeywell sensor for the boiler to control temperature, totally re-wired, security system, master key system, etc...everything was done properly. -The tenant profile is amazing; one unit is empty right now but ready for leasing which we are doing right now; just waiting for the right fit with the other 3 amazing tenants. Or new owner can decide what they want to do. -Parking: 4 to 5 spaces; short walk to main downtown core.CAP RATE 5.75 % AWESOME !! (id:54464)
Property Details
| MLS® Number | 40515748 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Playground, Public Transit, Schools |
| Community Features | High Traffic Area, School Bus |
| Equipment Type | Water Heater |
| Features | Southern Exposure, Laundry- Coin Operated |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 4 |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Cooling Type | None |
| Exterior Finish | Brick Veneer, Stone |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 3000 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Playground, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 67 Ft |
| Size Frontage | 48 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Dmc |
https://www.realtor.ca/real-estate/26316462/132-west-main-street-welland
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Terrance Hatton
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December 10 2023 10:13:10
Niagara Association of REALTORS®
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