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54 Second ST #52 Welland, ON L3B 4T6
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Key Details
Sold Price $755,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12279596
Style 2-Storey
Annual Tax Amount $6,512
Tax Year 2024
Property Sub-Type Fourplex
Property Description
ATTENTION ALL INVESTORS. SOLID AS A ROCK, THIS ALL BRICK LEGAL 4 PLEX APARTMENT IS METIOUSLY KEPT AND UPDATED. LOCATION IS ALSO KEY HERE ONLY A HAND FULL OF MULTI UNITS AMOGNST NICE SINGLE FAMILY RESIDENTAL HOMES. NICE PLACE TO LIVE AND COLLECT RENT.IDEAL FOR INVESTMENT, OWNER OCCUPIED PLUS COLLECT RENTS, AND MULTI GENERATIONAL PURPOSES. THREE 1 BEDROOM APARTMENTS AND TWO 2 BEDROOM APARTMENTS. ALL SEPERATE ENTRANCES WITH LAUNDRY FACILITIES IN COMMON AREA IN BASEMENT. UPDATED ELECTRICAL PANELS, FIRE SPRINKLER SYSTEM IN BASEMENT COMMON AREA . LAST ESA INSPECTION IN 2023. NEW GAS BOILER IN IN 2020. NET INCOME APPROX $45,000YEAR FULLY OCCUPIED. ONE UNIT VACANT AT PRESENT FOR SHOWING PURPOSES OR IF BUYER WANTS TO OCCUPY UNIT. THIS BUILDING IS A ONE OF A KIND AND WOULD MAKE A SOUND LONG TERM INVESTMENT. CONTACT L.A. FOR FURTHER DETAILS REGARDING INCOME AND EXPENSES. 24 HOUR NOTICE MIN FOR SHOWINGS
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Zoning INSH
Rooms
Bedrooms 7
Bathrooms 5.0
Family Room No
Kitchen 5
Interior
Cooling Window Unit(s)
Exterior
Parking Features Private Double
Garage Spaces 3.0
Pool Other
Roof Type Fibreglass Shingle
Building
Building Age 51-99
Foundation Poured Concrete
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