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X5594004
$999,999

50 Niagara St (W Main St/ Niagara St)

Price: $999,999

Status: For Sale 

MLS®#: X5594004

$999,999
  • Tax: $8,400/Annual (2021)
  • City:Welland
  • Type:Commercial
  • Style:Investment
  • Size: 2,497 Sq Ft

Features:

  • HeatingNone
  • Sewer/Water SystemsMunicipal

Listing Contracted With: ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

Description

Great Property For The Investor/Renovation 50/52 Niagara St. Welland Approx 3458 Sq Ft Building Located In Downtown Welland, Walk To City Hall. Restaurant, Shops.4 Separate Hydro Meters. There Are Total 5 Units And 2 Units Are Vacant. Currently Gross Income From The Property Is $59,000 And Expenses Are $21,840 And Net Income Is $37,160.


Highlights

5 Minutes Drive To Niagara College Welland Campus. Landlord Pays Heat, Hydro And Water. Being Sold In "As Is-Where Is". No Warranties/Representation From Seller/Agent. Rental (Furnace + Hot Water Heater). Buyer To Assume Tenants On Closing.

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Team Szwec

Real Estate Professional

Royal LePage Real Estate Services Ltd., Brokerage