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$549,000

5 Beds 3 Baths 1,500 SQFT 0.00 Acres
Type: Multi-Family

24 EMPIRE STREET
Welland (Lincoln/Crowland), ON L3B2L2

MLS#: X13661362
Kenny Shim
Kenny Shim
Condo Digs
Office: 416.203.6636
Presented by: FLYNN REAL ESTATE INC.

Property Description

 

Exceptional Vacant Multi-Unit Investment Property - East Welland - Rare opportunity to acquire a vacant multi-unit property in the sought-after East Welland area. Situated on an impressive 231-foot deep lot, this property features two separate residential buildings offering excellent income potential and flexibility for investors or owner-occupiers. The main dwelling is configured as a duplex, consisting of :One 1-bedroom unit, One 2-bedroom unit. At the rear of the property is a self-contained accessory dwelling unit featuring a 2-bedroom unit, ideal for additional rental income or extended family use. Property Features : Three total residential units Fully vacant - immediate possession available Extra-deep 231 ft lot Separate electrical breaker panels for both buildings Two hot water tanks (one owned, one rental) Excellent opportunity to set market rents or occupy one unit while generating income from others Conveniently located close to schools, shopping, transit, and amenities. A solid addition to any investment portfolio with strong long-term potential. Property has been fire and electrical inspected in 2017. There are 3 off street parking spaces at the front of the property. Located close to 406 for quick highway access. (id:7434)


 

Interior Features

Bedrooms

Bedrooms5

Other Interior Features

Basement TypePartial
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
Living Area Range1,500 sqft

General

Building AmenitiesSeparate Electricity Meters
Building AppliancesWater Heater
Building Cooling TypeNone
Building TypeTriplex
Building.StoriesTotal2
CommunityName773 - Lincoln/Crowland
Foundation TypeUnknown
Location DescriptionCross Streets: East Main and Empire. ** Directions: turn south off East Main street.
Parking Space Total3
Property TypeMulti-family

Exterior

Exterior FinishVinyl siding
SewerSanitary sewer

Additional Details

  

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$549,000

5 Beds 3 Baths 1,500 SQFT 0.00 Acres
Type: Multi-Family

24 EMPIRE STREET
Welland (Lincoln/Crowland), ON L3B2L2

MLS#: X13661362
Kenny Shim
Kenny Shim
Condo Digs
Office: 416.203.6636
RE/MAX Condos Plus Corp. Brokerage
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