192/194 Burgar Street Welland, Ontario L3B 2T4

6 Bedroom 6 Bathroom 6,536 ft2
Radiant Heat

$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:56069)

Property Details

MLS® Number X9414435
Property Type Business
Community Name 768 - Welland Downtown
Amenities Near By Public Transit
Parking Space Total 5

Building

Bathroom Total 6
Bedrooms Total 6
Appliances Refrigerator, Stove
Fire Protection Security System
Heating Type Radiant Heat
Size Interior 6,536 Ft2
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 155 Ft
Size Frontage 45 Ft ,9 In
Size Irregular Unit=45.75 X 155 Ft
Size Total Text Unit=45.75 X 155 Ft
Zoning Description Rl2

https://www.realtor.ca/real-estate/27372946/192194-burgar-street-welland-768-welland-downtown-768-welland-downtown

Contact Us

Contact us for more information

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Jeff Collins
Salesperson

(905) 788-7435

Royal LePage NRC Realty
1815 Merrittville Hwy, Unit 1
Fonthill, Ontario L0S 1E6

(905) 892-0222
www.nrcrealty.ca/

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