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$3,999,900
Available - For Sale
Listing ID: X12196052
Located just off the 406 and minutes from Niagara College, this well-positioned 18-unit multifamily asset offers a strategic blend of stability andupside potential in one of Niagaras most desirable rental corridors. The building has seen extensive recent improvements including freshlypainted main hallways, new flooring and baseboards (2022), and renovated kitchens, bathrooms, and interiors in the majority of units. A select number of suites remain primed for value-add upgrades and rent optimization. Key operational advantages include separately metered hydro, Coinamatic laundry, tenant storage units, a modern security system, and ample on-site parking all enhancing tenant satisfaction and reducing owner overhead. ?? Investment Highlights: 18 updated residential units Majority of renovations completed Prime rental location near 406 &Niagara College Coin-operated laundry & tenant storage Separate hydro meters & security system Value-add potential with strong rent growth upside This is an excellent opportunity for investors seeking turn-key performance with long-term value growth in a thriving rental market.
Price $3,999,900
Taxes: $35,401.12
Tax Type: Annual
Occupancy by: Tenant
Address: 951 EAST MAIN Stre , Welland, L3B 3Z2, Niagara
Postal Code: L3B 3Z2
Province/State: Niagara
Legal Description: PT LT 21 CON 5 CROWLAND AS IN RO570533 ;
Directions/Cross Streets: WELLINGTON AND EAST MAIN
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: 15,000
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Approximatly Age: 51-99
Maintenance: 0
Heat Type: Other
Central Air Conditioning: No
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS CO-ELEVATION REALTY

951 EAST MAIN Stre , Welland, L3B 3Z2, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style:
Lot Size: x 201.00(Feet)
Approximate Age: 51-99
Tax: $35,401.12
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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