38 Division St

Welland | 768 - Welland Downtown | L3B 3Z6
  • 3400.0 sqft
  • 0 gar

$699,900

Est. Mtg $2,373 /mo
  • Days on market

    2

  • Status

    A

Listing Broker RE/MAX REAL ESTATE CENTRE INC.
Since listed: 0 views

Home details

MLS #:

X10442654

Property type:
Investment
Style:
Taxes:
$4,114
Possession:
Flexible
Condo Fee:
Lot Size:
22.82 X 126.16
Zoning:
DMC
Use:
Apts-2 To 5 Units
Heat:
Radiant

Description


38 Division St, , Welland, Ontario is a Investment property in Welland and in the 768 - Welland Downtown community in the L3B 3Z6 postal code


Rare purpose built 4 plex building opportunity for purchase in the heart of Welland, downtown with ALMOST 6% cap rate and continuous potential for more! LIVE, WORK & PLAY with this Solid mixed-use building in downtown core, currently fully leased with 3 residential apartments and 1 commercial unit. The main floor is a commercial unit current used as a Salon with a long term lease in place. The 3 Residential units are very spacious and have solid, quality tenants with potential for future large lease increases! Has its own driveway access with 3 car parking in the rear. Many upgrades include a newer Roof (2023) and fully renovated commercial unit and unit 1 (with market rents), newer Roof 2023 and much more! Many incentives in the downtown core available. Full financial statement and feature sheets attached in the listing..

Extras

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Payment calculator

$2716 monthly. In association with: TD Bank
%
  • Principal and Interest
    2373 /mo
  • Property Taxes
    $342 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gunpreet Kochar, Realtor

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