13 Doors Purpose-Built, Comprising Of One 6-Plex And One 7-Plex On Large Lot With Great Parking In Welland Ontario. Well Maintained With Potential Upside In Rents And Further Upgrades/Improvements. Demand For Rental In Welland Continues To Out-Pace Supply. 4 X 1Bed, 2 X 1Bed + Den, 7 X 2Bed. Rents Range From $749 To $1063. Units Have Been Outfitted With Laminate Floors In Most Units. 7-Plex Has Separate Meters For Hydro. 6-Plex Is Not Metered Separately.
View full listing details| Price: | $$1,999,000 CAD |
| Address: | 19 Wellington St |
| City: | Welland |
| County: | Niagara |
| State: | Ontario |
| MLS: | X7045986 |
| Square Feet: | 19,800 |
| use: | Apts-13 To 20 Units |
| llbo: | no |
| rail: | no |
| taxes: | 20437.23 |
| water: | Municipal |
| extras: | 13 Fridges, 13 Stoves, Fire Equipment, 1 Coin Op Washer, 1 Coin Op Dryer, Roof On 7-Plex (2021), Roof On 6-Plex (2012), Windows 6-Plex (2017),Combination Of Electric And Gas Heat, |
| sewers: | Storm |
| taxYear: | 2023 |
| areaCode: | 46 |
| category: | Apartment |
| chattels: | Y |
| elevator: | None |
| heatType: | Other |
| lotDepth: | 200 |
| lotFront: | 99.02 |
| basement1: | yes |
| franchise: | no |
| occupancy: | Tenant |
| saleLease: | Sale |
| typeTaxes: | Annual |
| garageType: | None |
| municpCode: | 46.08 |
| sprinklers: | no |
| lotSizeCode: | Feet |
| freestanding: | yes |
| listPriceCode: | For Sale |
| parkingSpaces: | 18 |
| totalAreaCode: | Sq Ft |
| airConditioning: | N |
| lotBldgUnitCode: | Lot |
| grossIncomeSales: | 128288 |
| insuranceExpense: | 12213 |
| legalDescription: | PT LT 21 CON 5 CROWLAND AS IN RO725667 ; S/T BB532 |
| clearHeightInches: | 8 |
| financialStatement: | yes |
| municipalityDistrict: | Welland |
| directionsCrossStreets: | Wellington & Main |
| expensesActualEstimated: | Act |
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