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$1,899,900
Status: For Sale
Incredible investment opportunity! This spacious is as exceptionally well-maintained 12-unit apartment building features a sought-after mix of 6 large two-bedroom units, 5 one-bedroom units, and 1 bachelor. With 12 dedicated parking spots, shared laundry, and beautifully cared-for interiors and exteriors, this property stands out in today's market as of the strongest performing low rise building in the Niagara region. Currently generating approximately $200,940 in annual rental income, with significant room to increase revenue over time. Located in a thriving Welland neighbourhood close to transit, schools, shopping, and amenities. A rare chance to secure a high-performing multi-residential asset.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40748337 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :19 Jul, 2025 (138 Days ago) |
| Source | :Hamilton - Burlington |
| Area | :Niagara |
|---|---|
| City | :Welland |
| Area Major | :Welland |
| Area Minor | :769 - Prince Charles |
| Postal Code | :
L3C 4W3
|
| Directions | :South on Pelham Rd/Left on Fitch St |
| Price | : $1,899,900 |
|---|---|
| Property Taxes | :$24894.03 |
| Tax Year | :2024 |
|---|
| Bedrooms | :18 + |
|---|---|
| Heating | :Baseboard |
| Bathrooms | :12 |
|---|---|
| Approx Square Footage | :8460 sqft |
14 Jul, 2025
TREB #40748337
Listed
$1899900
