240-242 East Main Street, Welland, Ontario L3B 3W9

Listed for:
$1,450,000
3 beds
0 baths
Listed 10 days ago
Multi-Family for rent: 240-242 East Main Street, Welland, Ontario L3B 3W9

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About

Cross Streets: East Main between Ross an River. ** Directions: East Main. 242 East Main Street, Welland - 7-Unit Residential Income Property. Exceptional investor opportunity in the heart of Welland. This income property offers 7 self-contained residential units, ideally positioned for a buyer looking to build or expand their Niagara portfolio. Property generates over $75K net income/year. The unit mix provides strong versatility and broad tenant appeal: 4 x 2-bedroom, 1 x 1-bedroom, and 2 studio suites - catering to singles, couples, and small families alike. Located in Welland, Ontario, a growing rental market with consistent tenant demand driven by Niagara College, healthcare, and manufacturing employment. Easy access to Highway 406 and the broader Niagara Region makes this an attractive option for a wide range of renters. (id:27476)

Property Highlights

MLS® Number
X13639556
Type
Multi-family
Community Name
768 - Welland Downtown
Land Size
44.97 x 100.67 FT

Building

Building Type
Multi-Family
Square Footage
3000 sqft
Bedrooms Total
3
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
CENTURY 21 PEOPLE'S CHOICE REALTY INC.
MLS® number:
X13639556
Agent:
Baljinder Srann
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