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Vendor Take Back Financing Available up to 75% *** Asking Price include 50 Niagara St and 52 Niagara St. Total lot size 41.90 Feet X 60.56 Feet. Current Zoning is DMC. Land Site Area 2497 Sq FT. Approx 3458 Fq Ft Detached Building Located in Downtown Welland Backs onto Welland Canal, walk to City Hall. Restaurant, Shops. About 5 Minutes Drive to Niagara College Welland Campus Over 9,000 Students. *** Ground Floor, ceiling height 12.6 Feet, 1291 sq ft + 438 Sq Ft at the back + 2nd Floor, ceiling height 8 feet, 1729 Sq Ft + unfinished basement, Ceiling Height 6.8 Feet, 1729 Sq Ft. *** 4 Separate Hydro Meters, currently used as 3 residential units and 1 commercial unit. Ground Floor: Unit#1, 1 bedroom unit, 1 X 3 Piece washroom, kitchen, $700 / month + Unit #2, being used as a commercial unit, 1 X 3 piece washroom, (Currently Vacant). Second Floor: Unit #3, 3 bedroom unit, 1 X 4 Piece washroom, kitchen, (Currently Vacant) + Unit #4, 1 bedroom, 1 X 4 Piece washroom, kitchen, $800 / month. Total Potential Gross Income $5,150 / month. ** 1729 Sq Ft open concept unfinished basement below 50 and 52 Niagara St with 6.8 Feet ceiling height. All Tenants are month to month, Landlord pays heat, hydro and water. Buyer to assume Tenants on closing. Buyer to assume the Furnace and Hot Water Heater rental on closing. *** Seller to install a New Fire Exit Stairwell at the Back of the Property Before Closing. *** Buyer And Buyer Agent To Do His Own Due Diligence. Property In As Is, Where Is. No Warranties Or Representations By Sellers / Agents. No Property Survey. Welland Is A Growing Town Over 52,000 People Population With Welland Canal, Niagara College Welland Campus with close to 10,000 Student Populations, Seaway Mall, Conservation Area, Merritt Island, 3 Golf Courses Etc. 20 Minutes To Niagara Falls, St. Catharines And Port Colborne. The Welland Canal is a major part of the St. Lawrence Seaway. (44742208)
Between main St West and Mill Street, Main St West/ Niagara St
Property Type
Multi-family
Subdivision Name
771 - Broadway
Land Size
0.06 ac|under 1/2 acre
Time on REALTOR.ca
929 days
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