366 Crowland Avenue, Welland (Lincoln/Crowland), ON L3B1X7
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Listing Type
Multi Family
Listing Status
Active
12
$899,900
Home Details for 366 Crowland Avenue
Price
$899,900
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
NaN
Parking
Detached
Days on site
55
Listing #
X12471265
Property Description
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:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Parking
Detached
Listing Courtesy: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
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Market statistics compiled from data from Canadian Real Estate Association.