192/194 Burgar Street, Welland (768 - Welland Downtown), Ontario

$999,850

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6

Beds

6

Baths

6,536

Square feet

About 192/194 Burgar Street

Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as a shop with office space and a two piece bathroom. Current 5 unit apartment building with spacious apartments and mostly renovated throughout. All 6 Hot water heaters are owned and replaced in 2022. Room measurements for all units available upon request. No interior photos of units as per tenants request. Each unit is spacious and offers nice floor plan with high ceilings on main floor. Individually metered units for Hydro, Coin Laundry on Site. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas. Basement is very large and was waterproofed from the inside fully by Wisecracks 2010, and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream or rent out basement separately for storage and add to the NOI (Net Operating Income). Showings will only be Wednesday from 11 - 7 and Saturday 12 - 5 with listing agent present. (id:36535)

Features of 192/194 Burgar Street

Listing # X9414435
Price $999,850
Bedrooms 6
Bathrooms 6.00
Square Footage 6,536
Acres 0.00
Type Business

Community Information

Address 192/194 Burgar Street
Subdivision 768 - Welland Downtown
City Welland (768 - Welland Downtown)
Province Ontario
Postal Code L3B2T4

Amenities

Amenities Public Transit
Features Laundry- Coin operated, Sump Pump
Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Stove
Heating Radiant heat
Fireplace No
Has Basement No

Exterior

Exterior Concrete, Brick
Lot Description Unit=45.75 x 155 FT|under 1/2 acre
Foundation Block

Listing Details

OfficeCourtesy Of Jeff Collins Of ROYAL LEPAGE NRC REALTY

Listing Map