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366 Crowland Avenue Welland (Lincoln/crowland), Ontario L3B 1X7

3328 sqft
Fully Air Conditioned Forced Air

$899,900

All-brick 2-storey multi-residential building in the heart of Welland! This solid investment property features four fully finished 2-bedroom, 1-bathroom units, plus a full basement with two additional units that are approximately 75% complete. With proper city approvals and permits, the building can be completed as a legal 6-unit property, offering excellent value-add potential. Major updates have already been taken care of, including a brand-new tankless boiler system, upgraded main electrical wiring, and a full sprinkler system with alarm. A recent fire inspection and approved fire plan ensure compliance with current safety standards and reduce future risk. A detached double garage provides the option for additional income or secure storage. Located near schools, shopping, and public transit, this is the perfect opportunity for investors seeking both strong rental income and future growth potential in a desirable area of Welland. (id:40227)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12471266
Property Type Multi-family
Community Name 773 - Lincoln/Crowland

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 3328 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 119 Ft
SizeFrontage 45 Ft
SizeIrregular 45 X 119 Ft
SizeTotalText 45 X 119 Ft
ZoningDescription Rl1

https://www.realtor.ca/real-estate/29008711/366-crowland-avenue-welland-lincolncrowland-773-lincolncrowland

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Coldwell Banker Advantage Real Estate Inc, Brokera
800 Niagara Street
Welland, Ontario L3C 7L7

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