Property Address: 38-38-40 First St, Welland, ON, L3B4R9
Average square foot calculated using Size range provided by listing agent.
Description
Welcome to 38-40 First St., a solid brick 7-unit building offering a fantastic investment opportunity in the heart of Welland. Located in a prime area near new developments, this property is close to a wide range of amenities, including schools, parks, the hospital, recreation facilities, a pharmacy, and the Welland Canal.The building boasts 4, 038 square feet of above-grade living space and includes 4 one-bedroom units and 3 two-bedroom units, generating a total annual rental income of $79, 511.88. Set on a spacious 100x166 ft lot with favorable INSH zoning, this property also holds significant potential for future development. Don't miss out on this versatile investment - book your showing today!Show Description
MLS® Number40701851
Laundry LevelShared
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1907
BasementFull, Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel
Extras
Other, In As Is Condition: Washer And Dryer, Stove X 7, Fridge X 7