Welland, ON L3B 2L4,94 Empire ST
Welland, ON L3B 2L4,94 Empire ST
Welland, ON L3B 2L4,94 Empire ST
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$899,900
Est. payment /mo
7 Beds
4 Baths
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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X12157157

Style 2-Storey

Bedrooms 7

Building Age 100+

Annual Tax Amount $4,224

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Client RemarksPRIME 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 $1600/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1450/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 leased for $1450/month making the total rental potential for this property close to $6000 monthly. 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. Don't miss out on this amazing opportunity!!

Location

Province ON

County Niagara

Community 773 - Lincoln/Crowland

Area Niagara

Rooms

Family Room No

Basement Partially Finished

Kitchen 3

Interior

Interior Features Other

Cooling Window Unit(s)

Fireplace No

Heat Source Other

Exterior

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 33.0

Lot Depth 114.0

Total Parking Spaces 4

Building

Foundation Block


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Listed by REVEL Realty Inc., Brokerage

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94 Empire ST