240-242 East Main Street, Welland (Welland Downtown), Ontario

$1,399,000

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3

Beds

3,000

Square feet

About 240-242 East Main Street

242 East Main Street, Welland - 7-Unit Residential Income Property. Exceptional investor opportunity in the heart of Welland. This income property offers 7 self-contained residential units, ideally positioned for a buyer looking to build or expand their Niagara portfolio. Property generates over $75K net income/year. The unit mix provides strong versatility and broad tenant appeal: 4 x 2-bedroom, 1 x 1-bedroom, and 2 studio suites - catering to singles, couples, and small families alike. Located in Welland, Ontario, a growing rental market with consistent tenant demand driven by Niagara College, healthcare, and manufacturing employment. Easy access to Highway 406 and the broader Niagara Region makes this an attractive option for a wide range of renters. (id:6289)

More Info on this 768 - Welland Downtown Multi-Family MLS® listing

240-242 East Main Street is a multi-family listing for sale in Welland (Welland Downtown). The MLS® number is X13639556. It features 3 bedrooms and covers 3,000 square feet. It's currently listed for $1,399,000. For more details on MLS® X13639556, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in 768 - Welland Downtown is available now!

Selling your 768 - Welland Downtown Multi-Family property?

Have a similar home to 240-242 East Main Street? If you’re thinking about selling your 768 - Welland Downtown multi-family property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Welland (Welland Downtown) property.

Features of 240-242 East Main Street

Listing # X13639556
Price $1,399,000
Bedrooms 3
Square Footage 3,000
Type Multi-family
Sub-Type Multi-Family

Community Information

Address 240-242 East Main Street
Area 768 - Welland Downtown
Subdivision 768 - Welland Downtown
City Welland (Welland Downtown)
Province Ontario
Postal Code L3B3W9

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description 44.97 x 100.67 FT

Additional Information

Zoning DMC

Listing Details

OfficeCENTURY 21 PEOPLE'S CHOICE REALTY INC.

Listing Map

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