Commercial Real Estate in Welland available for sale
2

Multifamily Properties for Sale near Welland

The max can't be less than the min

Apartment Buildings for Sale Within of Welland

More details for 192-194 Burgar St, Welland, ON - Multifamily for Sale

192-194 Burgar St

Welland, ON L3B 2T4

  • Multifamily for Sale
  • $949,850 CAD
  • 6,536 SF
  • Controlled Access
  • Kitchen

Welland Multifamily for Sale - Southern GGH

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.

Contact:

Royal LePage NRC Realty

Property Subtype:

Apartment

Date on Market:

2024-11-20
Hide
See More
LoopNet Canada Ontario Multifamily Properties For Sale in Welland, ON, Canada

Learn More About Investing in Multifamily Properties

More Articles
Understanding Cap Rates in Commercial Real Estate
Understanding Cap Rates in Commercial Real Estate
Calculating and Interpreting Cap Rates for Canadian Investors
Types of Commercial Leases: From Gross to Triple Net
Types of Commercial Leases: From Gross to Triple Net
Understanding the Different Lease Structures for Your Business Space
Commercial Real Estate Investing: Your Path to Market Success
Commercial Real Estate Investing: Your Path to Market Success
Your guide to starting and thriving in Canadian commercial property investments
Apartment Building Investment: A Strategic Market Overview
Apartment Building Investment: A Strategic Market Overview
Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio
How to Rent an Office for Your Business in Canada
How to Rent an Office for Your Business in Canada
Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space
Understanding Common Area Maintenance (CAM) Charges
Understanding Common Area Maintenance (CAM) Charges
Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions
How to Buy Land: From Raw to Ready for Development
How to Buy Land: From Raw to Ready for Development
Understanding Land Types and Purchase Requirements for Property Investment
REIT Investment Strategies: Building Real Estate Wealth
REIT Investment Strategies: Building Real Estate Wealth
Understanding Investment Trusts and Creating Your Portfolio Strategy

Multifamily Properties for Sale in Welland

View All Available Listings
How many multifamily properties are available for sale in Welland?
There are currently 2 multifamily properties available for sale in Welland, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in Welland?
The average size of multifamily properties available for sale in Welland is about 5,456 SF. The largest multifamily properties available to buy is 6,536 SF and the smallest is 4,375 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for multifamily properties in Welland?
The average market cap rate for multifamily properties for sale is about 6.28% based on data provided in Welland. Learn more about how cap rates are calculated.
Nearby Cities
Nearby Neighborhoods
Other Property Types