20
See all 20 photos
$999,850
Est. payment /mo
6 BA
6,536 SqFt
Active
192/194 BURGAR ST Welland, ON L3B 2T4
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UPDATED:
12/07/2024 01:32 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,536 sqft
Price per Sqft $152
MLS Listing ID X9414435
Annual Tax Amount $6,308
Tax Year 2024
Property Description
Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as a shop with office space and a two piece bathroom. Current 5 unit apartment building with spacious apartments and mostly renovated throughout. All 6 Hot water heaters are owned and replaced in 2022. Room measurements for all units available upon request. No interior photos of units as per tenants request. Each unit is spacious and offers nice floor plan with high ceilings on main floor. Individually metered units for Hydro, Coin Laundry on Site. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas. Basement is very large and was waterproofed from the inside fully by Wisecracks 2010, and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream or rent out basement separately for storage and add to the NOI (Net Operating Income). Showings will only be Wednesday from 11 - 7 and Saturday 12 - 5 with listing agent present.
Location
Province ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Region 768 - Welland Downtown
City Region 768 - Welland Downtown
Rooms
Kitchen 0
Interior
Cooling None
Exterior
Garage Spaces 5.0
Community Features Public Transit
Utilities Available Unknown
Lot Depth 155.0
Building
New Construction false
Others
Security Features Security System
Listed by ROYAL LEPAGE NRC REALTY