$737,500

Investment For Sale In Market Square, Welland, Ontario

$737,500

Property Information:

Dont miss this great cashflow positive investment opportunity!This meticulously maintained and fully renovated 4-plex features: a spacious upper-level 4-bedroom with an updated kitchen, modern bathroom, and new flooring. The middle unit offers 2 bedrooms, high ceilings, an open-concept kitchen/living room, and a small island. The front unit boasts 2 bedrooms, high ceilings, a large living room with a fireplace mantle, and an updated kitchen. The recently refreshed lower-level unit includes 1 bedroom /1 bath with a spacious open-concept kitchen/living room.Basement also offers coin laundry, management office and separate utility room access. Recent upgrades include new flooring, updated kitchens and bathrooms, new windows, in-floor radiant heat, foundation waterproofing, new plumbing, and soundproofing insulation. The property also includes coin-operated laundry, a partially fenced yard, and parking for up to 5 cars. Potential gross monthly rents of 5800/month. Almost 70,000 annually! this is a prime investment opportunity you don't want to miss!

Inclusions: 4 Stoves, 4 Fridges, Coin Operated Maytag Washer & Dryer, Inground Sprinkler System (Front), Viessmann Boiler+hot Water On Demand Tank+in-Floor Radiant Heat

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 2536 Square Feet

Property Features:

  • Bedrooms: 9
  • Acres Range: < 0.5
  • Architectural Style: Two Story
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1995
  • Business Type: Residential
  • Construction Materials: Stucco, Vinyl Siding
  • Floor Space (approx): 2536 Square Feet
  • Heating: Natural Gas, Radiant
  • Laundry Features: Coin Operated
  • Levels: Two
  • Lot Depth: 132 Feet
  • Lot Features: Urban, Rectangular, Library, Park, Public Transit
  • Lot Frontage: 41.00 Feet
  • Parking Features: Asphalt, None
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector(s)
  • Structure Type: Detached
  • Water Source: Municipal
  • Zoning: RM
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: Rock Star Real Estate Inc.

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