14&16 Asher St S 14 & 16

Welland, L3B 4J1
FOR SALE
$899,900
14&16 Asher St S 14 & 16, Welland
14&16 Asher St S 14 & 16
14&16 Asher St S 14 & 16
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7
BEDROOMS
4
BATHROOMS
4
KITCHENS
10
ROOMS
X8206406
MLSID
Contact Us
Property Description
BUILDING UNDER POWER OF SALE , This Centrally Located building Loads Of potential , comes with approval from the city to be developed to mid rise building ! property currently Offers 3-Two Bedroom Units, And 1-One Bedroom Unit. This Property Has Separate Hydro Meters & 4 Parking Spots. Close To Parks, Shopping, Schools, & Amenities. Features Area Influences: School Bus Route
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-01 2024-04-03 62 $950,000 - Terminated
2024-02-01 2024-04-03 62 $950,000 - Terminated
2024-04-04 2024-04-04 0 $950,000 - Terminated
Extras
None
Property Details
Street
Property Type
Fourplex, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
71' x 138'
Acreage
< .50
Fronting
South
Taxes
$4,000 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Available
Garage Type
None
Listing contracted with Re/Max Experts
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FOR SALE
PRIME 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 $1500/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1600/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 listed for $1800/month making the total rental potential for this property more than $6000/month. 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 oppurtunity!!
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