462 East Main Street, Welland, ON L3B 3X6
- $474,900
- 6
- BD
- 2
- BA
- 1,500
- SqFt
- List Price
- $474,900
- MLS#
- X13606126
- Status
- ACTIVE UNDER CONTRACT
- Type
- Multifamily
- SubType
- Duplex
- Style
- 2-Storey
- Bedrooms
- 6
- Bathrooms
- 2
- Living Area
- 1500-2000
- Province
- ON
- Municipality
- Welland
- Area
- Niagara
- Neighborhood
- 768 - Welland Downtown
- Subdivision
- Crowland
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.
/u.realgeeks.media/sandrotucci/header.png)
Additional Information
- Taxes
- $2,510
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- None
- Kitchens
- 2
- Exterior
- Vinyl Siding
- Waterfront Type
- None
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 2
- Parking Type
- Private
Mortgage Calculator
Listing courtesy of REAL BROKER ONTARIO LTD..