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Home ON St. Catharines - Niagara Welland Eastdale
94 EMPIRE Street
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94 EMPIRE Street $949,000
$949,000
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94 EMPIRE Street
Welland, Ontario L3B2L4

MLS® Number: 40540418
7
Bedrooms
3
Bathrooms
3500
Square Feet

Listing Description

PRIME INVESTMENT OPPORTUNITY: COMMERCIAL + RESIDENTIAL. Are you looking for a property that offers a perfect blend of potential rental income and business space? Look no further! This meticulously maintained mixed-use property is now available for sale, featuring one commercial unit and three residential units. The commercial unit was leased for $1500/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1600/month and the 2 bed apartment on the upper level is currently leased for $1300/month to AAA tenants. 3 bed apartment on upper level is currently listed for $1800/month making the total rental potential for this property more than $6000/month. This property presents an excellent investment opportunity with multiple income streams. The commercial unit can provide steady rental income, while the residential units offer long-term tenants. The growing demand for mixed-use properties in this area makes it an attractive option for investors and entrepreneurs. Don't miss out on this amazing oppurtunity!! Book your showing today!! (67053398)

Location Description

Near: HAGAR

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
3500 sqft
Subdivision Name
773 - Lincoln/Crowland
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$4,100
Parking Type
Detached Garage
Time on REALTOR.ca
142 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Partially finished)
Building Features
Foundation Type
Block
Fire Protection
None
Total Units
4
Heating & Cooling
Cooling
Window air conditioner
Heating Type
Radiant heat, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Stone
Parking
Parking Type
Detached Garage
Total Parking Spaces
4

Measurements

Square Footage
3500 sqft
Above Grade Finished
3500 sqft
Source: Other

Land

Lot Features
Frontage
33 ft
Land Depth
114 ft
Other Property Information
Zoning Description
RL2
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4

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