ON > Welland > 773 - Lincoln-Crowland
Welland, ON L3B 4R9,38-40 First ST
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Welland, ON L3B 4R9,38-40 First ST
Welland, ON L3B 4R9,38-40 First ST
Welland, ON L3B 4R9,38-40 First ST
Welland, ON L3B 4R9,38-40 First ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 879,900
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Pending

38-40 First ST Welland, ON L3B 4R9

9 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X11993763

Style 2-Storey

Bedrooms 9

Building Age 100+

Annual Tax Amount $6,422

Tax Year 2024

Property Sub-Type Multiplex

Lot Depth 166.24

Lot Front 100.25

Appx SqFt 3500-5000

Property Description

Welcome to 38-40 First St., a solid brick 7-unit building offering a fantastic investment opportunity in the heart of Welland. Located in a prime area near new developments, this property is close to a wide range of amenities, including schools, parks, the hospital, recreation facilities, a pharmacy, and the Welland Canal.The building boasts 4,038 square feet of above-grade living space and includes 4 one-bedroom units and 3 two-bedroom units, generating a total annual rental income of $79,511.88. Set on a spacious 100x166 ft lot with favorable INSH zoning, this property also holds significant potential for future development. Don't miss out on this versatile investment - book your showing today!

Location

Province ON

County Niagara

Community 773 - Lincoln/Crowland

Area Niagara

Zoning INSH

Rooms

Family Room No

Basement Full, Finished

Kitchen 7

Separate Den/Office 2

Interior

Interior Features None

Cooling None

Inclusions In as is condition: Washer and Dryer, Stove x 7, Fridge x 7

Exterior

Parking Features Street Only

Pool None

Roof Type Asphalt Shingle

Lot Frontage 100.25

Lot Depth 166.24

Building

Foundation Concrete Block

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
agent

Jethro Seymour

Broker

+1(416) 712-0767

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38-40 First ST

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