462 EAST MAIN Street, Welland, Ontario L3B3X6
Listing courtesy of Real Broker Ontario Ltd..
- $474,900
- 6
- BD
- 2
- BA
- 1,735
- SqFt
- List Price
- $474,900
- MLS®
- 40851144
- Days on Market
- 1
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 2
- Living Area
- 1,735
- Subdivision
- 768 - Welland Downtown
Property Description
Excellent addition to your investment portfolio! Located at 462 East Main St, this updated duplex features two massive 3-bedroom units with separate hydro meters, fully renovated kitchens, and updated exterior siding. While functioning as a fantastic, low-maintenance income property today, the strategic location and CC2 (Community Commercial Corridor) zoning offer incredible long-term land value and development potential. Perfectly positioned near major shopping, downtown amenities, and immediate highway access. A rare find that blends immediate cash flow with future upside! Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well). Proposed 8-storey, 28 unit building. Pre-construction meeting completed. NOTE FINANCIAL SUMMARY / PROJECTIONS ARE IN ATTACHEMENTS. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review. (id:5764)
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Additional Information
- Ownership
- Freehold
- Subdivision
- 768 - Welland Downtown
- Parking Spaces
- 2
- Cooling
- None
- Country
- Canada
- Sewer
- Municipal sewage system
- Heating
- Forced air, Natural gas
- Total Number Of Units
- 2
- Stories
- 2
