94 Empire Street, Welland | Image 1

94 Empire Street

Welland

  • 7 bed 4 bath 3000 sqft
$949,000 est.*: $3,215/mo
For Sale

Added 1 month ago

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  • Type: Fourplex

  • Style: 2-Storey

  • Size: 3000 sqft

  • Lot Size: 33 x 114 Feet

  • Age: 51-99 years

  • Taxes: $4,100 per year

  • Days on Site: 31 Days

  • Added: Mar 06, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8120008

  • Listed By: Revel realty inc.

PRIME INVESTMENT OPPORTUNITY: COMMERCIAL + RESIDENTIAL. Are you looking for a property that offers a perfect blend of potential rental income and business space? Look no further! This meticulously maintained mixed-use property is now available for sale, featuring one commercial unit and three residential units. The commercial unit was leased for $1500/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1600/month and the 2 bed apartment on the upper level is currently leased for $1300/month to AAA tenants. 3 bed apartment on upper level is currently listed for $1800/month making the total rental potential for this property more than $6000/month. This property presents an excellent investment opportunity with multiple income streams. The commercial unit can provide steady rental income, while the residential units offer long-term tenants. Don't miss out on this amazing oppurtunity!!

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Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2-Storey

  • Size (sq ft): 3000

  • Age: 51-99

  • Area: Welland

  • Availability Date: Immediate

  • Assessment Amount: $175,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 7

  • Bathrooms: 4

  • Kitchens: 3

  • Rooms: 10

  • Den/Family Room: Yes

  • Air Conditioning: Window Unit

  • Fireplace: No

  • Washrooms: 4

Building

  • Basement: Full

  • Basement 2: Part Fin

  • Heat Type: Radiant

  • Heat Source: Gas

  • Exterior: Alum Siding

  • Exterior: Stone

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Pvt Double

  • Garage Spaces: 2

  • Garage Type: Detached

  • Covered Parking Spaces: 2

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: Ptl 61, Plan 38, Np586

  • Taxes: $4,100

Land

  • Cross Street: Hagar

  • Municipality District: Welland

  • Fronting On: East

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 114 Feet

  • Lot Frontage: 33 Feet

  • Zoning: Rl2

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Very Walkable

  • Most errands can be accomplished on foot.
76 /100

Some Transit

  • Most errands require a car.
37 /100

Bikeable

  • Some errands can be accomplished on bike.
58 /100
JK-6

École élémentaire Champlain

Elementary: Public
1.28 km
JK-8

ÉÉC Saint-François-d'Assise

Elementary: Catholic
1.27 km
JK-8

St Mary Catholic Elementary School

Elementary: Catholic
1.17 km
JK-8

St Andrew Catholic Elementary School

Elementary: Catholic
1.04 km
JK-8

Plymouth Public School

Elementary: Public
0.91 km
JK-8

Princess Elizabeth Public School

Elementary: Public
0.84 km
9-12

École secondaire Confédération

Secondary: Public
1.28 km
9-12

Eastdale Secondary School

Secondary: Public
1.26 km
9-12

ÉSC Jean-Vanier

Secondary: Catholic
2.33 km
9-12

Centennial Secondary School

Secondary: Public
2.72 km
9-12

E L Crossley Secondary School

Secondary: Public
8.53 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
1.26 km
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