462 EAST MAIN Street, Welland NEW LISTING

Brokered by: Real Broker Ontario Ltd.

MLS®: 40851144 (Freehold)

Price: $474,900.00

Address: 462 EAST MAIN Street, Welland
FOR SALE
Subdivision: 768 - Welland Downtown
Postal Code: L3B3X6
Style: 
Type: Multi-family Duplex
Bedrooms: 6
Bathrooms: 2
Lot Size (Approximate):   76 ft x 113 ft
Stories:  2


About 462 East Main Street

Excellent addition to your investment portfolio! Located at 462 East Main St, this updated duplex features two massive 3-bedroom units with separate hydro meters, fully renovated kitchens, and updated exterior siding. While functioning as a fantastic, low-maintenance income property today, the strategic location and CC2 (Community Commercial Corridor) zoning offer incredible long-term land value and development potential. Perfectly positioned near major shopping, downtown amenities, and immediate highway access. A rare find that blends immediate cash flow with future upside! Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well). Proposed 8-storey, 28 unit building. Pre-construction meeting completed. NOTE FINANCIAL SUMMARY / PROJECTIONS ARE IN ATTACHEMENTS. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review. (id:56071). Get more information on 462 East Main Street

Property Features

Rental Equipment:  
Zoning Description:  CC2
Interior Size (Approximate):  1735 sqft
Lot (Approximate):  under 1/2 acre
Exterior Finish:  Vinyl siding
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / None
Age (Approximate):  1920
Constructed Date:  1920
Basement:  Full (Unfinished) Unfinished

Rooms & Sizes

(Approximate)

     

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.