240-242 EAST MAIN Street, Welland, Ontario, Canada, L3B3W9

1,399,000
for Sale

About the property:

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.
Investment false
Property Type:
Investment
Status:
for Sale
Land Size:
44.97 x 100.67 FT
Business Type:
Apts - 6 To 12 Units
Heating Type:
Gas Forced Air Closed
Cross Street:
East Main between Ross an Rive
Annual Property Taxes:
4,629
Listing ID:
X13639556

Rooms

Dimensions

Brokered by:
Century 21 People`s Choice Realty Inc.
Source: TRREB/PROPTX
Presented By:

Chabi Ori

REALTORĀ®

Century 21 People's Choice Realty Inc., Brokerage *