24 EMPIRE STREET
Welland (Lincoln/Crowland), Ontario
MLS® X13661362
$549,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13661362
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- —
1 / 37Listing 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.
Property summary
- MLS® number
- X13661362
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 33 x 231 FT
- Annual property taxes
- $2,947.00
- Parking
- 3 spaces · No Garage
- Days on market
- 37 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Partial
- Appliances
- Water Heater
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $549,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of FLYNN REAL ESTATE INC., Niagara Falls.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.