Extremely well maintained, solid 4 unit property. This property has tons of upside potential. Fully tenanted with long term tenants. Due to long term tenants, some rents are below market value. This property features four 2 bedroom apartments in great condition. Every apartment has had a completely renovated 4-piece bath. All units are separately metered but owner currently pays hydro. Vinyl windows updated approx 2005. Roof shingles replaced approx 2010 as well as all vinyl siding. New hot water boiler 2021. New appliances in all units.This property zoned RM which offers great potential allowing for additional units to be added on to existing building or also allowing for townhouse, condo tower or apartment building. This building currently sits on a large lot and has parking for 8 cars. Possible potential for severance. Buyer to do due diligence. This is an amazing investment opportunity to get a great building with many future possibilities.
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wechat/whatsapp contact:14166181235
HomeLifeInvestment » 174 Southworth Street, Welland, ON L3B 1Z5