951 EAST MAIN Street, Welland, ON L3B 3Z2

Welland L3B 3Z2 Ontario

MLS: X12196052

$4,500,000

Added 1 day ago | For Sale

Listed by: KELLER WILLIAMS CO-ELEVATION REALTY

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 108 X 201
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:WELLINGTON AND EAST MAIN
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $35401.12
  • Bedrooms:
  • Total Parking Spaces:20
  • Parking Places:20
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12196052

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