14 Centennial Drive East, Welland | Image 1

14 Centennial Drive East

Welland

  • Commercial

$XXX,XXX
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: RM

  • Age: No Data

  • Taxes: 5470

  • MLS®#: X8077818

  • Days on Site: 66 Days

  • Added: Feb 20, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: COLDWELL BANKER ADVANTAGE REAL ESTATE

Introducing two exceptional 4-plex properties in Welland sold separately, boasting good rental income and situated in sought-after locations near amenities and schools. These prime additions to your portfolio offer a total of 8 units combined, each with private entrance featuring a main floor living space, second floor bedroom space, and basement with mechanical and laundry with potential rec-room space. Tenants cover utilities, ensuring good returns. Ample parking enhances convenience. Don't miss this opportunity to capitalize on strong rental demand in a desirable locale.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 33472

  • Area: Welland

  • Availability Date: FLEXIBLE

  • Assessment Amount: $317,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PLAN 92 LOT 4

  • Taxes: $5,470

  • Expenses: Act

  • Insurance Fee: 3832

  • Taxes Type: Annual

  • Taxes: 5470

  • Tax Year: 2024

  • Water Fees: 3258

Land

  • Cross Street: Thorold Road And Cen

  • Municipality District: Welland

  • Parcel Number: 640820018

  • Lot Depth: 150 Feet

  • Lot Frontage: 60 Feet

  • Zoning: RM

Commercial Specific

  • Total Area: 3780

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Lot Code: Lot

  • Financial Statement: Y

  • Gross Income/Sales: 46032

Map of 14 Centennial Drive East, Welland
JK-8

Glendale Public School

Elementary: Public
0.90 km
JK-8

Ross Public School

Elementary: Public
1.16 km
JK-8

Fitch Street Public School

Elementary: Public
1.06 km
JK-8

ÉÉC du Sacré-Coeur-Welland

Elementary: Catholic
1.26 km
JK-8

Holy Name Catholic Elementary School

Elementary: Catholic
1.15 km
JK-8

Gordon Public School

Elementary: Public
1.08 km
9-12

École secondaire Confédération

Secondary: Public
3.75 km
9-12

Eastdale Secondary School

Secondary: Public
3.80 km
9-12

ÉSC Jean-Vanier

Secondary: Catholic
2.69 km
9-12

Centennial Secondary School

Secondary: Public
0.13 km
9-12

E L Crossley Secondary School

Secondary: Public
5.94 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
1.58 km
602 Main Street, Welland | MLS: X7347290
For Sale
4 months ago
$695,000
  • 0 bath
  • 0 bed

602 Main Street, Welland, Ontario • L3B 3Y2 • Welland