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14 Douglas Avenue Welland, Ontario L3C 1H2

9 Bedroom 4 Bathroom 4767
Central Air Conditioning Forced Air

$749,900

Well maintained money making 4 flex on a double lot. Located near prime amenities including shopping, entertainment and easy highway access. The four units consist of 3 - 2 bedroom units and 1 - 3 bedroom unit - all oversized (1100sqft + each) with updates. Most mechanical updated including 2 AC units in 2016, 200 amp electrical panel (2019), 2 furnaces (2011), hot water tanks owned (2018). Ample parking on this (75.84 x 111.00) double lot. Extra income from on-site laundry. Intercom system, storage areas for units. FINANCIAL SUMMARY/FORCAST available. EXCELLENT CAP RATE - INTERIOR PHOTOS TO FOLLOW (id:26105)

Property Details

MLS® Number 40026870
Property Type Multi-family
Amenities Near By Public Transit, Schools, Shopping
Features Paved Driveway, Laundry- Coin Operated
Structure Shed

Building

Bathroom Total 4
Bedrooms Total 9
Appliances Water Meter
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 4767
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 111 Ft
Size Frontage 76 Ft
Size Total Text Under 1/2 Acre
Zoning Description Cc2

https://www.realtor.ca/real-estate/22417286/14-douglas-avenue-welland

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Shaun Thoms – Niagara Region Realtor