192/194 Burgar Street Welland, Ontario L3B 2T4
$999,850
Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as a shop with office space and a two piece bathroom. Current 5 unit apartment building with spacious apartments and mostly renovated throughout. All 6 Hot water heaters are owned and replaced in 2022. Room measurements for all units available upon request. No interior photos of units as per tenants request. Each unit is spacious and offers nice floor plan with high ceilings on main floor. Individually metered units for Hydro, Coin Laundry on Site. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas. Basement is very large and was waterproofed from the inside fully by Wisecracks 2010, 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 only be Wednesday from 11 - 7 and Saturday 12 - 5 with listing agent present. (id:47351)
Property Details
| MLS® Number | 40641553 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit |
| Features | Laundry- Coin Operated, Sump Pump |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 6 |
| BedroomsTotal | 6 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ConstructionMaterial | Concrete Block, Concrete Walls |
| CoolingType | None |
| ExteriorFinish | Brick, Concrete |
| FireProtection | Security System |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 6536 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 155 Ft |
| SizeFrontage | 46 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rl2 |
https://www.realtor.ca/real-estate/27372946/192194-burgar-street-welland
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October 03 2024 09:30:35
Niagara Association of REALTORS®
Royal LePage NRC Realty