$629,999
Available - For Sale
Listing ID: X12987370
42 Riverside Drive , Welland, L3C 5E2, Niagara
| REMARKS FOR CLIENTS Unique Investment Opportunity - Legal 4-Unit Property on the Welland. Incredible opportunity to own a legal four-unit property located directly on the scenic Welland River. This versatile multi-family property features: Three 1-bedroom units One bachelor unit. Projected Gross Income: Approximately $4,200/month or $81,000 annually. This fourplex offers an exceptional opportunity for steady rental income and long-term appreciation. Ideally suited for young investors seeking reliable cash flow. it combines strong income potential with future growth prospects. |
| Price | $629,999 |
| Taxes: | $4906.00 |
| Occupancy: | Tenant |
| Address: | 42 Riverside Drive , Welland, L3C 5E2, Niagara |
| Directions/Cross Streets: | Main Street East & price Charles Drive North |
| Rooms: | 10 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Other |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Ground |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Ground |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| Drive Parking Spaces: | 2 |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| HOMELIFE G1 REALTY INC. |
|
|
Sandy Gill
Broker
Dir:
416-454-5683
Bus:
905-793-7797
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 772 - Broadway |
| Style: | 2-Storey |
| Tax: | $4,906 |
| Beds: | 4 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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