$479,900
Apartment
428 Wallace Avenue N
Welland, Welland Downtown L3B 1R2
Beds · 6
Baths · 3
Sqft · 2500-3000
Description
RARE OPPORTUNITY WITH ENDLESS POSSIBILITIES! Welcome to 428 Wallace Avenue North in Welland, a unique property offering residential rental income along with a substantial commercial-style shop space. Featuring approximately 4,500 sq. ft. of combined space, the property includes a detached home of ap...proximately 1,400 sq. ft. and a separate building offering approximately 2,926 sq. ft. across the main-floor shop and upper-level residential apartment. Both the home and apartment are currently tenanted, providing existing rental income, while the shop is owner-occupied and offers excellent space for a business, workshop, storage or personal use. Whether you're an investor looking to expand your portfolio, a business owner wanting to operate from your own property while collecting rental income, or someone exploring future redevelopment or additional residential units, this property offers plenty of potential. A unique opportunity with multiple income streams and possibilities, all in one location!
General
Type
Apartment
Style
2-Storey
Approximate Age
51-99
Square Footage
2500-3000 sqft
Taxes
$4,507 /yr
Maintenance Fee
-
Courtesy of:
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE