Located just off the 406 and minutes from Niagara College, this well-positioned 18-unit multifamily asset offers a strategic blend of stability andupside potential in one of Niagaras most desirable rental corridors. The building has seen extensive recent improvements including freshlypainted main hallways, new flooring and baseboards (2022), and renovated kitchens, bathrooms, and interiors in the majority of units. A select number of suites remain primed for value-add upgrades and rent optimization. Key operational advantages include separately metered hydro, Coinamatic laundry, tenant storage units, a modern security system, and ample on-site parking all enhancing tenant satisfaction and reducing owner overhead. ?? Investment Highlights: 18 updated residential units Majority of renovations completed Prime rental location near 406 &Niagara College Coin-operated laundry & tenant storage Separate hydro meters & security system Value-add potential with strong rent growth upside This is an excellent opportunity for investors seeking turn-key performance with long-term value growth in a thriving rental market. (id:52316)
KELLER WILLIAMS CO-ELEVATION REALTY
$3,999,900
951 EAST MAIN STREET, Welland, Ontario
35 Bedrooms
15000 Sqft
Property
MLS® Number: X12196052
Address: 951 EAST MAIN STREET
City: Welland
Utilities
Heating: Other/Unknown
Parking
Parking Spaces: 20
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