305 St. George Street, Welland

/305 St. George Street, Welland

PRESENTLY 3 UNITS IN GREAT SHAPE. PRESENTLY 3400 SQ FT PLUS THE FULL HIGH DRY BASEMENT RECENTLY WATERPROOFED. WE HAVE A PERMIT TO BUILD AN ADDITIONAL 1100 SQ FT UNIT ONTO OF THE MAIN FLOOR WHERE THERE IS NO EXISTING 2ND LEVEL YET AND WOULD BE A 3 BEDROOM UNIT. THERE IS PRESENTLY AN UPPER 1000 SQ FT. 3 BEDROOM UNIT THAT SHOWS AMAZING AND IS PRESENTLY RENTED FOR $1,400 PLUS UTILITIES. THERE IS A MAIN FLOOR 2 BEDROOM UNIT PAYING $970. PER MONTH INCLUDING UTILITIES. THE OWNER OCCUPIES THE OTHER MAIN FLOOR UNIT THAT IS 1600 SQ FT. FURNACE IS 6 YEARS OLD. EACH UNIT HAS A 4 PC BATH AND OWN LAUNDRY FACILITIES LOTS AND LOTS OF PARKING AREA AND LARGE FENCED OUTSIDE STORAGE OR YARD FOR KIDS AND FAMILIES. RENTED UNITS ARE ON LEASES. COMMERCIAL OPTIONS ALSO. UNIQUELY LOCATED IN THE MIDDLE OF A VERY LIKED NEIGHBOURHOOD WITH A PARK UP THE STREET. GREAT TO LIVE AND WORK OR AS AN INVESTMENT. FULLY RENTED WOULD GROSS OVER $46,000 ANNUALLY PLUS ONCE THE ADDITION IS ADDED, COULD GET ANOTHER $20,000 GROSS FROM JUST THAT 4TH UNIT ONCE BUILT. ALL APPROVED AND READY TO START. PERMIT AND DIAGRAMS ALL AVAILABLE.

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Contact Agent

Steve Dube

Office: (905) 384-4170
Fax: (905) 384-4171

Contact Agent