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$ 2,200,000
Est. payment /mo
Active Under Contract
131 THIRD ST Welland, ON L3B 4W5
22 Beds
12 Baths
15,400 SqFt
UPDATED:
10/07/2024 10:27 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 15,400 sqft
Price per Sqft $142
MLS Listing ID X9414333
Bedrooms 22
Annual Tax Amount $20,874
Tax Year 2022
Lot Size 0.500 Acres
Property Description
Purpose-built solid brick 12-unit apartment complex on a 111 X 208 parcel zoned INSH. lot provides the potential for adding future development on the site. The building is solid with high quality terrazzo floors throughout hallways. lots of areas to substantially improve income . 8x 2 bed units, 3 x 1 bed units, 1 x 3 bed unit. Location will appeal to many tenants with access to ample parking, on-site laundry, public transit, hospital and a variety of amenities all within walking distance. Tremendous opportunity for the long term investor
Location
Province ON
County Niagara
Zoning INSH
Rooms
Basement Finished, Full
Kitchen 0
Interior
Interior Features Other
Cooling None
Inclusions [OTHER]
Laundry Coin Operated
Exterior
Exterior Feature Lighting
Garage Other, Reserved/Assigned
Garage Spaces 15.0
Pool None
Community Features Public Transit, Park
Utilities Available Unknown
Roof Type Other
Parking Type Detached
Total Parking Spaces 15
Building
Foundation Block
Others
Senior Community No
Security Features Unknown
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE