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602 Main St

Welland, ON L3B 3Y2
  • $695,000
  • STATUS: Active
  • ON SITE: 136 Days
  • ID#: X7347290
$695,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Excellent opportunity to own a 5 units property in 2 buildings with plenty of parking between the 2 buildings in the Niagara region in Welland. The property has 3 -2 bedrooms apartments and 1 - 1 bedroom apartment plus a store front and there is also an exterior sign rental. Fully rented. Tenants pay own hydro. Property is in a great location. May require some rennovations but seller is willing to offer a partial VTB (second mortgage at a very low interest rate for up to 2 years depending on the offer) so a buyer may possibly have the opportunity to buy this property with a low deposit or to possibly lower the total monrhtly mortgage payments.

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Listing information © 2024 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or SAVI Real Estate Group | Re/Max Escarpment Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2024-04-21T18:32:55.2.
www.savirealestategroup.ca/homes/145928251
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602 Main St Welland, ON L3B 3Y2

  • Price: $695,000
  • Status: Active
  • On Site: 136 Days
  • ID#: X7347290
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Welland
County:
Ontario
Area:
Welland
Property Description
Excellent opportunity to own a 5 units property in 2 buildings with plenty of parking between the 2 buildings in the Niagara region in Welland. The property has 3 -2 bedrooms apartments and 1 - 1 bedroom apartment plus a store front and there is also an exterior sign rental. Fully rented. Tenants pay own hydro. Property is in a great location. May require some rennovations but seller is willing to offer a partial VTB (second mortgage at a very low interest rate for up to 2 years depending on the offer) so a buyer may possibly have the opportunity to buy this property with a low deposit or to possibly lower the total monrhtly mortgage payments.
Exterior Features

Freestanding Yes Garage Type Double Detached Lot Depth 40.00 Lot Front 127.00 Lot Size Code Feet

Interior Features

Air Conditioning N Basement Y Heat Type Gas Forced Air Open Total Area 5177.00 Total Area Code Sq Ft

Property Features

Category Apartment Commercial Type Investment Cross Streets Main St E/Wallace Ave E List Price Type For Sale Lot Code Lot Occupancy Tenant Sale Or Lease Sale Seller Property Info Statement No Sprinklers N Tax Year 2022 Taxes 3200.00 Taxes Type Annual Use Apts-2 To 5 Units Utilities Y Water Municipal Zoning Commercial

Listing courtesy of RIGHT AT HOME REALTY.
Listing information © 2024 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or SAVI Real Estate Group | Re/Max Escarpment Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2024-04-21T18:32:55.2.
 
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