Map
1076

MLS® X5880755

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage None
Taxes $6,277
Lot Size 
Approx. Age 
MLS® Number X5880755

Property Address: 583-585 King St, Welland, ON, L3B3L3

Average square foot calculated using Size range provided by listing agent.

Description

Being Offered With A $100, 000 Vtb At 6.99%. This Impressive Cashflow Investment Opportunity Is Offered At A 5.7% Cap Rate. Located In Downtown Welland, This Legal Multiplex With 7 Apartments Contains 3 Two-Bedroom And 4 One-Bedroom Units With The Majority Of The Units Renovated. Offering 6 Parking Spots And Much More. This Turn-Key Multiplex Won't Last Long. Extensive Renovations Include Roof Replacement In 2019, Most Windows And Entrance Doors Replaced, Upgraded Electricals And Fire Alarms, Major Plumbing Upgrades, Main Water Line, New Meter Upgrade, 3 New Furnaces, 2 New A/C Units, Legal Conversion Of 2 Commercial Units To Residential Units Along With Additional Renovations To The Majority Of Units. This Property Is Being Sold With 583 King St.Show Description
MLS® NumberX5880755
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementFull, Unfinished
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
583-585 King St, Welland, ON

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