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• 602 Main St, Welland, ON L3B 3Y2

$695,000 ^{FOR SALE}

Investment

Lot: 127 x 40 ftTotal Area: 5,177 ft²
2022 Taxes: $3,200

602 Main St
Welland, ON L3B 3Y2 | Niagara

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Excellent opportunity to own a 5 units property in 2 buildings with plenty of parking between the 2 buildings in the Niagara region in Welland. The property has 3 -2 bedrooms apartments and 1 - 1 bedroom apartment plus a store front and there is also an exterior sign rental. Fully rented. Tenants pay own hydro. Property is in a great location. May require some rennovations but seller is willing to offer a partial VTB (second mortgage at a very low interest rate for up to 2 years depending on the offer) so a buyer may possibly have the opportunity to buy this property with a low deposit or to possibly lower the total monrhtly mortgage payments.

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Listed By	RIGHT AT HOME REALTY
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X7347290
Last Updated	Jan 02, 2024

Property Summary

Property Type	Investment More like this: Welland Investment for Sale
Use	Apartments - 2 to 5 Units
Category	Apartment
PIN	641150103
Legal Description	LT 125 PL 945; Welland
Occupancy	Tenant
Possession Date	Flexible
Taxes (2022)	$3,200
Tax Type	Annual
Directions/Cross Streets	Main St E/Wallace Ave E
Area	Niagara

Price History

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Detailed Information

Freestanding	Y
Lot	127 x 40 ft
Total Area	5,177 ft2
Air Conditioning	N
Basement	Y
Garage Type	Double Detached
Heat Type	Gas Forced Air Open
Sprinklers	N
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	Commercial
Seller Property Info Statement	N

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