192 BURGAR STREET
Welland, Ontario, L3B2T4
For Sale | $849,850 | 6 beds
Key facts
- Property type: Multi-family
- Transaction: For Sale
- Price: $849,850
- Bedrooms: 6
- Interior size: 6,536 sqft
- Lot size: Bldg=45.75 x 155 FT
- Parking: 5
- Listing key: 29041033
Listing overview
PHASE ONE ENVIRONMENTAL FULL REPORT AVAILABLE. (SUMMARY IN ATTACHMENTS) NO FURTHER INVESTIGATION REQUIRED SO GOOD TO GO FOR FINANCING!!! Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Now with a potential 7.02% cap rate if tenant leases the autoshop or woodshop for only class="container" id="details-container"500.00 a month, office and basement. Could also use rental income from residential units to have a free autoshop and make a very lucrative business. 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. No interior photos of units as per tenants request. Each unit is spacio...

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