585 King Street, Welland ON L3B 3L3

Description

SELLER WILLING TO HOLD A SMALL VENDOR TAKE BACK
Impressive Cashflow investment opportunity offered at 5.5% Cap Rate. Located in downtown Welland, this Legal multiplex with 7 apartments contains 3 two-bedroom and 4 one-bedroom units with the majority of the units renovated. Offering 6 parking spots and much more. This turn-key multiplex won’t last long. Extensive renovations include roof replacement in 2019, most Windows and entrance doors replaced, Upgraded Electrical and fire alarms, major plumbing upgrades, main water line, and new meter upgrade, 3 new furnaces, 2 new A/C units, legal conversion of 2 commercial units to residential units along with additional renovations to the majority of units.