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268 East Main Street Welland, Ontario L3B 3W9

10500 sqft sq feet
2 Level, Multi-Unit Radiant Heat

$2,499,900

Amazing investment opportunity in the heart of downtown Welland. 13 units total, 12 Residential with a large commercial space, currently a thriving Breakfast and Lunch Restaurant. Just seconds to HWY 406 extension to reach the entire Niagara Region and US border quickly. Updated plumbing and electrical, Vinyl windows 2007. On Demand Boiler & Water heaters, On Demand Hot water tank system installed in 2007. Great tenant profile with a very low vacancy rate. Low maintenance property with potential to add another unit & increase current rents to market rent. Property Must be purchased with parking lot known as 109 Dorothy Street, Welland. (id:31087)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number H4106669
Property Type Multi-family
Amenities Near By Public Transit, Schools
Community Features Quiet Area
Equipment Type None
Features Conservation/green Belt, Paved Driveway, Laundry- Coin Operated, Sump Pump
Parking Space Total 14
Rental Equipment Type None

Building

Architectural Style 2 Level, Multi-unit
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Exterior Finish Brick, Stone, Stucco
Fireplace Present No
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Exterior 10500 Sqft
Size Interior 10500 Sqft
Type Multi-family
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 166 Ft
Size Irregular 166.28 X 100.75
Size Total Text 166.28 X 100.75|under 1/2 Acre

https://www.realtor.ca/real-estate/23198228/268-east-main-street-welland

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