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Home ON St. Catharines - Niagara Welland Market Square
38 DIVISION Street
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38 DIVISION Street $799,999
2 days ago
$799,999
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38 DIVISION Street
Welland, Ontario L3B3Z6

MLS® Number: 40673832
4
Bedrooms
3
Bathrooms
3400
Square Feet

Listing Description

Rare purpose built 4 plex building opportunity for purchase in the heart of Welland, downtown! LIVE, WORK & PLAY with this Solid mixed-use building in downtown core, currently fully leased with 3 residential apartments and 1 commercial unit. The main floor is a commercial unit current used as a Salon with a long term lease in place. The 3 Residential units are very spacious and have solid, quality tenants with potential for future large lease increases! Many possibilities here. Has its own driveway access and 3 car parking in the rear. Newer Roof 2023, lots of upgrades, including unit 1 fully renovated and Salon. Many incentives in the downtown core available. Full financial statement and feature sheets attached in the listing. (68334909)

Location Description

Main And Niagara

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
3400 sqft
Subdivision Name
768 - Welland Downtown
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$4,114.02
Total Parking Spaces
3
Time on REALTOR.ca
2 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
None
Building Features
Rental Equipment
Water Heater
Total Units
4
Heating & Cooling
Cooling
None
Heating Type
Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Parking
Total Parking Spaces
3

Measurements

Square Footage
3400 sqft
Above Grade Finished
3400 sqft
Source: Other

Land

Lot Features
Frontage
23 ft
Land Depth
126 ft
Other Property Information
Zoning Description
DMC
Data provided by: The Oakville, Milton & District Real Estate Board 208 - 400 Main Street East, Milton, Ontario L9T 4X5

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