7 Bedroom
3 Bathroom
3500
Window Air Conditioner
Radiant Heat
$949,000
PRIME 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 $1500/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1600/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 listed for $1800/month making the total rental potential for this property more than $6000/month. 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. The growing demand for mixed-use properties in this area makes it an attractive option for investors and entrepreneurs. Don't miss out on this amazing oppurtunity!! Book your showing today!! (id:50705)
Property Details
|
MLS® Number
|
40540418 |
|
Property Type
|
Multi-family |
|
Parking Space Total
|
4 |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Total
|
7 |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
Full (partially Finished) |
|
Cooling Type
|
Window Air Conditioner |
|
Exterior Finish
|
Aluminum Siding, Stone |
|
Fire Protection
|
None |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
2 |
|
Size Interior
|
3500 |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
114 Ft |
|
Size Frontage
|
33 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Rl2 |
https://www.realtor.ca/real-estate/26512980/94-empire-street-welland
