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24 Empire Street Welland, Ontario L3B 2L2

5 Bedroom 3 Bathroom 1500 - 2000 sqft
None Forced Air

$599,000

Exceptional Vacant Multi-Unit Investment Property - East Welland - Rare opportunity to acquire a vacant multi-unit property in the sought-after East Welland area. Situated on an impressive 231-foot deep lot, this property features two separate residential buildings offering excellent income potential and flexibility for investors or owner-occupiers. The main dwelling is configured as a duplex, consisting of :One 1-bedroom unit, One 2-bedroom unit. At the rear of the property is a self-contained backyard cottage featuring a 2-bedroom unit, ideal for additional rental income or extended family use. Property Features : Three total residential units Fully vacant - immediate possession available Extra-deep 231 ft lot Separate electrical breaker panels for both buildings Two hot water tanks (one owned, one rental) Excellent opportunity to set market rents or occupy one unit while generating income from others Conveniently located close to schools, shopping, transit, and amenities. A solid addition to any investment portfolio with strong long-term potential. Property has been fire and electrical inspected in 2017. There are 3 off street parking spaces. Located close to 406 for quick highway access. (id:60365)

Property Details

MLS® Number X12658792
Property Type Multi-family
Community Name 773 - Lincoln/Crowland
EquipmentType Water Heater
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 5
BedroomsTotal 5
Age 100+ Years
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Water Heater
BasementDevelopment Unfinished
BasementType Crawl Space, Partial, N/a (unfinished)
CoolingType None
ExteriorFinish Vinyl Siding
FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1500 - 2000 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 231 Ft
SizeFrontage 33 Ft
SizeIrregular 33 X 231 Ft
SizeTotalText 33 X 231 Ft
ZoningDescription Rl2

Rooms

Level Type Dimensions
Second Level Kitchen 2.9 m x 1.9 m
Second Level Bathroom 1.7 m x 1.57 m
Second Level Living Room 3.02 m x 3.65 m
Second Level Bedroom 3.3 m x 3.63 m
Second Level Bedroom 2 2.94 m x 2.54 m
Main Level Kitchen 2.6 m x 3.93 m
Main Level Bathroom 2.3 m x 3.5 m
Main Level Dining Room 3.2 m x 3.7 m
Main Level Living Room 3.6 m x 3.7 m
Main Level Bedroom 3.1 m x 3.3 m
Main Level Bedroom 2 3.1 m x 2.97 m
Main Level Kitchen 3.9 m x 2.54 m
Main Level Living Room 4.1 m x 3.34 m
Main Level Bedroom 3.35 m x 3.96 m
Main Level Bathroom 1.32 m x 1.83 m

https://www.realtor.ca/real-estate/29212423/24-empire-street-welland-lincolncrowland-773-lincolncrowland

Derek Wetherell
Salesperson


Flynn Real Estate Inc.
6314 Armstrong Drive
Niagara Falls, Ontario L2H 2G4

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