ON > Welland > 773 - Lincoln-Crowland
Welland, ON L3B 4W5,131 THIRD ST
Welland, ON L3B 4W5,131 THIRD ST
Welland, ON L3B 4W5,131 THIRD ST
Welland, ON L3B 4W5,131 THIRD ST
Welland, ON L3B 4W5,131 THIRD ST
Welland, ON L3B 4W5,131 THIRD ST
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 2,200,000
Est. payment | /mo

12 Baths

15,400 SqFt

Save
$ 2,200,000
Est. payment | /mo
Save

12 Baths

15,400 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 15,400 sqft

Price per Sqft $142

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X9414333

Building Age 51-99

Annual Tax Amount $20,874

Tax Year 2024

Property Sub-Type Investment

Property Description

Purpose-built solid brick 12-unit apartment complex on a 111 X 208 parcel zoned INSH. lot provides the potential for adding future development on the site. The building is solid with high quality terrazzo floors throughout hallways. lots of areas to substantially improve income . 8x 2 bed units, 3 x 1 bed units, 1 x 3 bed unit. Location will appeal to many tenants with access to ample parking, on-site laundry, public transit, hospital and a variety of amenities all within walking distance. Tremendous opportunity for the long term investor. 2025 Retro Fit Fire System. Approx. $100,000 in upgrades on system and building to update to current code.

Location

Province ON

County Niagara

Community 773 - Lincoln/Crowland

Area Niagara

Rooms

Kitchen 0

Interior

Interior Features Other

Cooling No

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Lighting

Garage Spaces 1.0

Community Features Major Highway, Public Transit

Utilities Available Unknown

Roof Type Other

Lot Frontage 111.0

Lot Depth 208.0

Total Parking Spaces 15

Building

Unit Features Hospital

Foundation Block

New Construction false

Others

Security Features Unknown

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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