Rachel Stempski

Broker


LOADING

192/194 Burgar Street Welland, Ontario L3B 2T4

6 Bedroom 6 Bathroom 6536 sqft
None 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:50705)

Property Details

MLS® Number 40641553
Property Type Multi-family
Amenities Near By Public Transit
Features Laundry- Coin Operated, Sump Pump
Parking Space Total 5

Building

Bathroom Total 6
Bedrooms Total 6
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Material Concrete Block, Concrete Walls
Cooling Type None
Exterior Finish Brick, Concrete
Fire Protection Security System
Heating Type Radiant Heat
Stories Total 2
Size Interior 6536 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 155 Ft
Size Frontage 46 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rl2

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

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Jeff Collins
Salesperson

(905) 788-7435
www.royallepage.ca/

Royal LePage NRC Realty
35 Maywood Avenue
St. Catharines, Ontario L2R 1C5

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

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