7 Beds 4 Bath

94 Empire Street, Welland, ON L3B 2L4

Welland L3B 2L4 Ontario

MLS: X12157157

$899,900

Added 19 days ago | For Sale

Listed by: REVEL Realty Inc., Brokerage

About Property

Client RemarksPRIME INVESTMENT OPPORTUNITY: COMMERCIAL + RESIDENTIAL. Are you looking for a property that offers a perfect blend of potential rental income and business space? Look no further! This meticulously maintained mixed-use property is now available for sale, featuring one commercial unit and three residential units. The commercial unit was leased for $1600/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1450/month and the 2 bed apartment on the upper level is currently leased for $1300/month to AAA tenants. 3 bed apartment on upper level is currently leased for $1450/month making the total rental potential for this property close to $6000 monthly. This property presents an excellent investment opportunity with multiple income streams. The commercial unit can provide steady rental income, while the residential units offer long-term tenants. Don't miss out on this amazing opportunity!!

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 33 X 114
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:EMPIRE ST AND WELLAND ST
  • Basement:Partially Finished , Partially Finished
  • Possession Date:FLEXIBLE
  • Annual Property taxes: $4224
  • Bedrooms:7
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Water
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12157157

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