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$750,000
Est. payment /mo
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision 768 - Welland Downtown
MLS Listing ID X12189522
Annual Tax Amount $4,411
Tax Year 2024
Property Sub-Type Land
Property Description
Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 1,050,000.
Location
Province ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 42.0
Lot Depth 210.03
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Listed by RE/MAX ESCARPMENT REALTY INC.