198 Burgar Street Welland, Ontario L3B 2T4
$1,069,900
Calling all investors! Turn Key 7 Unit apartment building with spacious apartments and mostly renovated throughout. Each unit is spacious and offers nice floor plan with many updates including kitchens, windows, flooring in some units, individually metered units for Hydro, Coin Laundry on Site, Updated Boiler System in 2017 and all units have been plumbed with a manifold to ensure simplicity when any work is required. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas, some storage areas and a wheelchair accessible lift at back of building. Basement is very large and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream or rent out basement separately for storage and add to the NOI (Net Operating Income). Showings will be grouped in order to try and accommodate both interested parties as well as tenants. (id:54464)
Property Details
| MLS® Number | 40501339 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit |
| Features | Laundry- Coin Operated |
| Parking Space Total | 6 |
Building
| Bathroom Total | 7 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 5700 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 150 Ft |
| Size Frontage | 45 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rl2 |
https://www.realtor.ca/real-estate/26185950/198-burgar-street-welland
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Terrance Hatton
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October 18 2023 03:14:03
Niagara Association of REALTORS®
Coldwell Banker Advantage Real Estate Inc, Brokerage