8 Beds 4 Bath

366 Crowland Avenue, Welland, ON L3B 1X7

Welland L3B 1X7 Ontario

MLS: X12471265

$899,900

Added 13 hours ago | For Sale

Listed by: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:4
  • Land Size: 45 X 119
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Lincoln & Crowland
  • Basement:Full , Full
  • Possession Date:Flex
  • Annual Property taxes: $4700
  • Bedrooms:8
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12471265

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