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94 Empire Street Welland, Ontario L3B 2L4

7 Bedroom 4 Bathroom 3000 - 3500 sqft
Window Air Conditioner Hot Water Radiator Heat

$899,900

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!! (id:35544)

Property Details

MLS® Number X12157157
Property Type Multi-family
Community Name 773 - Lincoln/Crowland
ParkingSpaceTotal 4

Building

BathroomTotal 4
BedroomsAboveGround 7
BedroomsTotal 7
Age 100+ Years
BasementDevelopment Partially Finished
BasementType N/a (partially Finished)
CoolingType Window Air Conditioner
ExteriorFinish Brick
FoundationType Block
HalfBathTotal 1
HeatingType Hot Water Radiator Heat
StoriesTotal 2
SizeInterior 3000 - 3500 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 114 Ft
SizeFrontage 33 Ft
SizeIrregular 33 X 114 Ft
SizeTotalText 33 X 114 Ft
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