38 Division St, Welland, Ontario L3B 3Z6
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$205/sqft
Est. Mortgage$3,006/mo
Tax Amount (2024)$4,114/yr
Days On Market1 day
Description
Rare purpose built 4 plex building opportunity for purchase in the heart of Welland, downtown with ALMOST 6% cap rate and continuous potential for more! 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! Has its own driveway access with 3 car parking in the rear. Many upgrades include a newer Roof (2023) and fully renovated commercial unit and unit 1 (with market rents), newer roof 2023 and more! Many incentives in the downtown core available. Full financial statement and feature sheets attached in the listing.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 3
Property History
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