CELL: 905-327-0486
OFFICE: 905-788-3232
EMAIL: smceachern@cogeco.ca

585 KING Street, Welland

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Square Footage 4282 Sq. ft.

Description

SELLER WILLING TO HOLD A SMALL VENDOR TAKE BACK Impressive Cashflow investment opportunity offered at 5.5% Cap Rate. Located in downtown Welland, this Legal multiplex with 7 apartments contains 3 two-bedroom and 4 one-bedroom units with the majority of the units renovated. Offering 6 parking spots and much more. This turn-key multiplex won't last long. Extensive renovations include roof replacement in 2019, most Windows and entrance doors replaced, Upgraded Electrical and fire alarms, major plumbing upgrades, main water line, and new meter upgrade, 3 new furnaces, 2 new A/C units, legal conversion of 2 commercial units to residential units along with additional renovations to the majority of units. (id:30266)

Details

Property TypeMulti-family
Stories2
AvailableFor sale

Location

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Complimentary: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERA
Agent: ALAIN RABY