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Est. payment /mo
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision 768 - Welland Downtown
MLS Listing ID X12918780
Annual Tax Amount $4,412
Tax Year 2025
Property Sub-Type Land
Property Description
Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 948,900.
Location
Province ON
County Niagara
Area Niagara
Zoning RL2
Interior
Inclusions All furniture (5 beds, 5 fridges, 5 nightstands, 5 desks), 2 kitchen fridges, 2 stoves, washer/dryer, 1 dishwasher.
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 42.0
Lot Depth 210.03
Others
ParcelsYN No
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Listed by RE/MAX ESCARPMENT REALTY INC.
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