268 E Main St - Apartments FOR SALE


Welland, ON L3B 3W9- Downtown Welland
$2,199,999 CAD
647-225-5780
268 E Main St, Welland, ON for Sale
$2,199,999 CAD
Apartments - FOR SALE
1/1
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268 E Main St
Welland, ON L3B 3W9
Downtown Welland


HIGHLIGHTS

  • Low maintenance with further income potential.
  • The Building backs on to 109 Dorothy st that can be purchased together.
  • coin operated laundry with 2 washers and 2 dryers
  • Potential for additional rental income with basement space

OVERVIEW

Downtown mixed commercial use building with 12 residential apartments and 1 commercial space currently operating East Side Diner. Large finished basement with 3 pc bathroom provides potential for extra rental apartment. Vinyl windows, 2 on demand water heater, 2 on demand boilers, coin operated laundry with 2 washers and 2 dryers. 14 parking spots available. Low maintenance with further income potential. The Building backs on to 109 Dorothy st that can be purchased together.

FOR SALE DETAILS

PRICE

$2,199,999 CAD

PRICE/SF

$564 CAD /SF

# OF UNITS

6

PRICE/UNIT

$366,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

DMC

APN/PARCEL ID

271904000708500

ASK ABOUT THIS PROPERTY

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647-225-5780

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Raman DuaSave MaxMore Info
647-225-5780

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