24 Empire Street Welland, Ontario L3B 2L2

$599,000

Exceptional Vacant Multi-Unit Investment Property - East Welland - Rare opportunity to acquire a vacant multi-unit property in the sought-after East Welland area. Situated on an impressive 231-foot deep lot, this property features two separate residential buildings offering excellent income potential and flexibility for investors or owner-occupiers. The main dwelling is configured as a duplex, consisting of :One 1-bedroom unit, One 2-bedroom unit. At the rear of the property is a self-contained backyard cottage featuring a 2-bedroom unit, ideal for additional rental income or extended family use. Property Features : Three total residential units Fully vacant - immediate possession available Extra-deep 231 ft lot Separate electrical breaker panels for both buildings Two hot water tanks (one owned, one rental) Excellent opportunity to set market rents or occupy one unit while generating income from others Conveniently located close to schools, shopping, transit, and amenities. A solid addition to any investment portfolio with strong long-term potential. Property has been fire and electrical inspected in 2017. There are 3 off street parking spaces. Located close to 406 for quick highway access. (id:61215)

Property Details

MLS® Number	X12658792
Property Type	Multi-family
Community Name	773 - Lincoln/Crowland
Equipment Type	Water Heater
Parking Space Total	3
Rental Equipment Type	Water Heater

Building

Bathroom Total	3
Bedrooms Above Ground	5
Bedrooms Total	5
Age	100+ Years
Amenities	Separate Electricity Meters, Separate Heating Controls
Appliances	Water Heater
Basement Development	Unfinished
Basement Type	Crawl Space, Partial, N/a (unfinished)
Cooling Type	None
Exterior Finish	Vinyl Siding
Foundation Type	Unknown
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	231 Ft
Size Frontage	33 Ft
Size Irregular	33 X 231 Ft
Size Total Text	33 X 231 Ft
Zoning Description	Rl2

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Kitchen	2.9 m	1.9 m	2.9 m x 1.9 m
Second Level	Bathroom	1.7 m	1.57 m	1.7 m x 1.57 m
Second Level	Living Room	3.02 m	3.65 m	3.02 m x 3.65 m
Second Level	Bedroom	3.3 m	3.63 m	3.3 m x 3.63 m
Second Level	Bedroom 2	2.94 m	2.54 m	2.94 m x 2.54 m
Main Level	Kitchen	2.6 m	3.93 m	2.6 m x 3.93 m
Main Level	Bathroom	2.3 m	3.5 m	2.3 m x 3.5 m
Main Level	Dining Room	3.2 m	3.7 m	3.2 m x 3.7 m
Main Level	Living Room	3.6 m	3.7 m	3.6 m x 3.7 m
Main Level	Bedroom	3.1 m	3.3 m	3.1 m x 3.3 m
Main Level	Bedroom 2	3.1 m	2.97 m	3.1 m x 2.97 m
Main Level	Kitchen	3.9 m	2.54 m	3.9 m x 2.54 m
Main Level	Living Room	4.1 m	3.34 m	4.1 m x 3.34 m
Main Level	Bedroom	3.35 m	3.96 m	3.35 m x 3.96 m
Main Level	Bathroom	1.32 m	1.83 m	1.32 m x 1.83 m

https://www.realtor.ca/real-estate/29212423/24-empire-street-welland-lincolncrowland-773-lincolncrowland