198 Burgar Street Welland, Ontario L3B 2T4


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 40501349
Property Type Office
Amenities Near By Public Transit
Communication Type High Speed Internet
Parking Space Total 6


Basement Type Full
Constructed Date 1900
Exterior Finish Brick
Foundation Type Poured Concrete
Stories Total 2
Size Exterior 5700.0000
Utility Water Municipal Water


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


Natural Gas Available



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