54 Second Street, Welland, ON L3B 4T6

ATTENTION ALL INVESTORS. SOLID AS A ROCK, THIS ALL BRICK 5 UNIT APARTMENT IS METIOUSLY KEPT AND UPDATED. LOCATION IS ALSO KEY HERE ONLY A HAND FULL OF MULTI UNITS AMOGNST NICE SINGLE FAMILY RESIDENTAL HOMES. NICE PLACE TO LIVE AND COLLECT RENT.IDEAL FOR INVESTMENT, OWNER OCCUPIED PLUS COLLECT RENTS, AND MULTI GENERATIONAL PURPOSES. THREE 1 BEDROOM APARTMENTS AND TWO 2 BEDROOM APARTMENTS. ALL SEPERATE ENTRANCES WITH LAUNDRY FACILITIES IN COMMON AREA IN BASEMENT. UPDATED ELECTRICAL PANELS, FIRE SPRINKLER SYSTEM IN BASEMENT COMMON AREA AND BASEMENT APT, WITH LAST ESA INSPECTION IN 2023. NEW GAS BOILER IN IN 2020. NET INCOME APPROX $45,000YEAR FULLY OCCUPIED. ONE UNIT VACANT AT PRESENT FOR SHOWING PURPOSES OR IF BUYER WANTS TO OCCUPY UNIT. THIS BUILDING IS A ONE OF A KIND AND WOULD MAKE A SOUND LONG TERM INVESTMENT. CONTACT L.A. FOR FURTHER DETAILS REGARDING INCOME AND EXPENSES.

Details

MLS® Number
X12279596

Bedrooms
7

Bathrooms
5