131 Third Street, Welland (773 - Lincoln/crowland), Ontario

$2,200,000

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22

Beds

15,400

Square feet

About 131 Third Street

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. (id:36535)

Features of 131 Third Street

Listing # X9414333
Price $2,200,000
Bedrooms 22
Bathrooms 0.00
Square Footage 15,400
Type Business

Community Information

Address 131 Third Street
Subdivision 773 - Lincoln/Crowland
City Welland (773 - Lincoln/crowland)
Province Ontario
Postal Code L3B4W5

Amenities

Amenities Highway, Public Transit, Hospital
Features Lighting, Laundry- Coin operated
Parking Spaces 15
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Block

Listing Details

OfficeCourtesy Of Karen Neumann and Tony Rodriguez Of RE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing Map