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192/194 Burgar Street Welland (768 - Welland Downtown), Ontario L3B 2T4

6 Bedroom 6 Bathroom 6536 sqft
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:51640)

Property Details

MLS® Number X9414435
Property Type Business
Community Name 768 - Welland Downtown
AmenitiesNearBy Public Transit
Features Laundry- Coin Operated, Sump Pump
ParkingSpaceTotal 5

Building

BathroomTotal 6
BedroomsTotal 6
Appliances Refrigerator, Stove
BasementDevelopment Unfinished
BasementType Full (unfinished)
ExteriorFinish Concrete, Brick
FireProtection Security System
FoundationType Block
HeatingType Radiant Heat
SizeInterior 6536 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 155 Ft
SizeFrontage 45 Ft ,9 In
SizeIrregular Unit=45.75 X 155 Ft
SizeTotalText Unit=45.75 X 155 Ft|under 1/2 Acre
ZoningDescription Rl2

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


Jeff Collins
Salesperson

(905) 688-4561
ROYAL LEPAGE NRC REALTY
35 Maywood Avenue
St. Catharines, Ontario L2R 1C5

(905) 688-4561
www.homesniagara.com/

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