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May 18 2025 07:55:04
MLS® Number: X12157157

94 Empire Street Welland (Lincoln/crowland), Ontario L3B 2L4

Price $899,900

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4 7
For sale

Specs & Features

7 Bedroom 4 Bathroom 3000 - 3500 sqft
Window Air Conditioner Hot Water Radiator Heat

Price: $899,900

Client RemarksPRIME 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 $1600/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1450/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 leased for $1450/month making the total rental potential for this property close to $6000 monthly. 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. Don't miss out on this amazing opportunity!! (id:41966)

Property Details

MLS® Number X12157157
Property Type Multi-family
Community Name 773 - Lincoln/Crowland
Parking Space Total 4

Building

Bathroom Total 4
Bedrooms Above Ground 7
Bedrooms Total 7
Age 100+ Years
Basement Development Partially Finished
Basement Type N/a (partially Finished)
Cooling Type Window Air Conditioner
Exterior Finish Brick
Fireplace Present No
Foundation Type Block
Half Bath Total 1
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 3000 - 3500 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 114 Ft
Size Frontage 33 Ft
Size Irregular 33 X 114 Ft
Size Total Text 33 X 114 Ft

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Emily worked so hard to sell our property and to find us the perfect home for our growing family. We are grateful to have found such a dedicated and pleasant agent to work with. She is so helpful and friendly and can easily become anyone’s friend. We’d recommend her to anyone!

Tania Lane

Happy Customer