198 Burgar Street Welland, Ontario L3B 2T4

7 Bathroom 5700
Window Air Conditioner Hot Water Radiator Heat


Like the famous Eminem once said! if you had one shot, or one opportunity To seize everything you ever wanted, in one moment Would you capture it, or just let it slip? Now that's Up to you! This Turn Key 7 Unit apartment building with a 6.6 % Cap Rate with room for growth in revenues features spacious apartments and mostly renovated throughout. Each unit offers well layed out floor plan with many updates including kitchens, windows, flooring in some units, individually metered units for Hydro, Coin Laundry on Site, Updated Boiler System in 2017 and all units have been plumbed with a manifold to ensure simplicity when any work is required. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas, some storage areas and a wheelchair accessible lift at back of building. Basement is very large and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream of rent out basement separately for storage and add to the NOI (Net Operating Income) (id:26105)

Property Details

MLS® Number 40371684
Property Type Multi-family
Amenities Near By Public Transit
Communication Type High Speed Internet
Features Laundry- Coin Operated
Parking Space Total 6


Bathroom Total 7
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type Window Air Conditioner
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 5700
Utility Water Municipal Water


Access Type Highway Access, Highway Nearby
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 150 Ft
Size Frontage 45 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rl2


Natural Gas Available



Contact us for more information

Your Favourites


No Favourites Found