40
See all 40 photos
$549,000
Est. payment /mo
5 Beds
3 Baths
1,500 SqFt
Price Dropped by $50K
24 EMPIRE STREET Welland (lincoln/crowland), ON L3B2L2
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Square Footage 1,500 sqft
Price per Sqft $366
Subdivision 773 - Lincoln/Crowland
MLS® Listing ID X12658792
Bedrooms 5
Property Description
Exceptional Vacant Multi-Unit Investment Property - East Welland - Rare opportunity to acquire a vacant multi-unit property in the sought-after East Welland area. Situated on an impressive 231-foot deep lot, this property features two separate residential buildings offering excellent income potential and flexibility for investors or owner-occupiers. The main dwelling is configured as a duplex, consisting of :One 1-bedroom unit, One 2-bedroom unit. At the rear of the property is a self-contained accessory dwelling unit featuring a 2-bedroom unit, ideal for additional rental income or extended family use. Property Features : Three total residential units Fully vacant - immediate possession available Extra-deep 231 ft lot Separate electrical breaker panels for both buildings Two hot water tanks (one owned, one rental) Excellent opportunity to set market rents or occupy one unit while generating income from others Conveniently located close to schools, shopping, transit, and amenities. A solid addition to any investment portfolio with strong long-term potential. Property has been fire and electrical inspected in 2017. There are 3 off street parking spaces at the front of the property. Located close to 406 for quick highway access. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 2.9 m X 1.9 m Kitchen
Extra Room 2 Second level 1.7 m X 1.57 m Bathroom
Extra Room 3 Second level 3.02 m X 3.65 m Living room
Extra Room 4 Second level 3.3 m X 3.63 m Bedroom
Extra Room 5 Second level 2.94 m X 2.54 m Bedroom 2
Extra Room 6 Main level 2.6 m X 3.93 m Kitchen
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 3
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by FLYNN REAL ESTATE INC.
NEARBY SCHOOL & BUSINESS
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