52 - 54 SECOND STREET Welland
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52 - 54 SECOND STREET, Welland, Ontario

$849,900

  • 7 Beds
  • 5 Baths

ATTENTION ALL INVESTORS. SOLID AS A ROCK, THIS ALL BRICK 5 UNIT APARTMENT IS METIOUSLY KEPT AND UPDATED. LOCATION IS ALSO KEY HERE ONLY A HAND FULL OF MULTI UNITS AMOGNST NICE SINGLE FAMILY RESIDENTAL HOMES. NICE PLACE TO LIVE AND COLLECT RENT.IDEAL FOR INVESTMENT, OWNER OCCUPIED PLUS COLLECT RENTS, AND MULTI GENERATIONAL PURPOSES. THREE 1 BEDROOM APARTMENTS AND TWO 2 BEDROOM APARTMENTS. ALL SEPERATE ENTRANCES WITH LAUNDRY FACILITIES IN COMMON AREA IN BASEMENT. UPDATED ELECTRICAL PANELS, FIRE SPRINKLER SYSTEM IN BASEMENT COMMON AREA AND BASEMENT APT, WITH LAST ESA INSPECTION IN 2023. NEW GAS BOILER IN IN 2020. NET INCOME APPROX $45,000YEAR FULLY OCCUPIED. ONE UNIT VACANT AT PRESENT FOR SHOWING PURPOSES OR IF BUYER WANTS TO OCCUPY UNIT. THIS BUILDING IS A ONE OF A KIND AND WOULD MAKE A SOUND LONG TERM INVESTMENT. CONTACT L.A. FOR FURTHER DETAILS REGARDING INCOME AND EXPENSES. (id:56241)

  • Listing ID: X12279596
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Place of Worship, Public Transit, Park
  • Community Features: School Bus, Community Centre
  • Parking Spaces: 8
  • Transaction: For sale
  • Zoning Description: INSH

Building

  • Appliances: Water meter
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 6
  • Bedrooms Lower Level: 1
  • Cooling: Window air conditioner
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 5
  • Heating: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Size Interior: 3500 - 5000 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Amenities: Place of Worship, Public Transit, Park
  • Sewer: Sanitary sewer
  • Size Frontage: 60 ft
  • Size Irregular: 60 x 165 FT
  • Soil: Clay
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 52 - 54 SECOND STREET in Welland Ontario. It was last modified on July 11th, 2025. Contact us to schedule a viewing or to discover other Welland real estate for sale.

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